Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Big Dog who wrote (88712)	3/16/2001 9:31:21 AM
From: ItsAllCyclical	Read Replies (1) of 95453

Keg chart shows further weakness short term imho. 207.61.23.98 KEG technicals: I don't like that the uptrend line has been decisively broken, ugly double top at 13, MACD turning down and the OSX below it's 50 and 200 dma's again. 207.61.23.98 Quite a few fans of KEG between the two boards, so playing the contrarian I'm thinking at least 10 again, but very possible to see 8-9 again on a break below 9.75. Nothing looks compelling in the patch given the visibility of the economic slowdown both here and now abroad. A few more tenths of a point higher and I may short.

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