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: rails99 who wrote (91599)	6/18/2001 11:44:55 AM
From: chowder	Read Replies (3) of 95453

Rails, I don't see much in the NEM chart at this time. That's neither positive or negative. It looked like NEM was approaching overbought territory and some people took profits on Friday. The overall trend looks to be up but in a one step back, two steps forward pattern. The MACD Indicator looks like it's trying to indicate a sideways to upward trend. Today's close may provide a clue for the forward trend as the candlesticks are based on opening and closing prices. stockcharts.com[l,a]dbclyymy[pb50!b200!d20,2!f][vc60][iut!Ub14!Ua12,26,9!Lk14!Ll14!Lc20!Lh14,3!Lg] The above analysis is pretty much like the stock's action, "ain't much happening", but that's neither positive or negative at this point. <LOL> dabum

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