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: isopatch who wrote (92581)	7/19/2001 7:22:05 PM
From: Roebear	Read Replies (2) of 95453

isopatch, Took a look at the CRB chart first time in awhile, U-G-L-Y! Just about made first H&S measure at 203 area, next H&S measures down around 99 lows, TA would indicate if it breaks lows of last few days w/o reversing it will hit at least 194 with 180's not improbable. Were it not for this chart and the economic circumstances it implies I would tend to think gold would base here, which it still might, but after viewing the CRB chart I am more bearish on all commodities in the short term. Here is a good OSX chart with resistance levels clearly shown (good for about 24 hrs): securitytrader.com^OSX&ChartID=28924&ChartType=D (Note: if chart jumps to an empty or chartless screen just hit reload and should be ok, they have been having some trouble with that on this site) Did some shopping today and noticed very light traffic in malls even for a late thurs. afternoon. Would be interested in any reports from other SD shoppers... Best of luck, Roebear

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