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

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To: patron_anejo_por_favor who wrote (89339)3/28/2001 12:19:40 PM
From: isopatch  Read Replies (1) of 95453
 
Patron. Here's a little OSX chartwork:

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Friend called last night to tell me ST updated the OSX support at 112 for this ST pullback. That would play well into a break of the 115-17 level so the MMs and specialists on individual OS stocks can have some fun running the sell stops. My read of the chart doesn't point to 112 any more than 110 for daily support, BWDIK?(g)

Hrly looks like it's about to resolve a symetrical triangle formation. These usually break in the direction of the trend which also argues for a break to the next support level. So that's consistent with a test of the next support level.

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Am content to let this play itself and then decide if I want to add to my sm PDE position or estab one or two other trading positions. There are some interesting TA ops surfacing here and there. But certainly nothing that I'd get excited enough about to buy aggessively.

What's your read on the current activity out there? Take your pick of stocks and sectors. TIA.

Best regards,

Isopatch
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