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

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To: isopatch who wrote (93833)8/15/2001 11:49:58 PM
From: isopatch  Read Replies (2) of 95453
 
Intermediate Term bottom confirmed in OS & NG stocks today.

My read is the rally:

1. Will be the best patch rally ytd, and

2. Has a good chance of continuing well into September.

No firm target, but 118 OSX wouldn't surprise me.

Hope you guys were buying today. I was!<G> Near the close estab good size positions in PDS @ 27.49 and CRZO @ 5.56.

Big move in one day, so we may get a little pause tomorrow before they "bring em back on" again<g> Hope so, got 1 or 2 others that look like good money makers.

Longer Term? No change. This is a Bear Market rally in the OS and NG sectors. So be careful out there.

Also no change in my bullish attitude toward the gold stocks. Ready to aggressively add on any good dips there.

Something that I've seen almost nobody talk about is both the gold and patch plays rallying together or passing the baton back and forth as each climbs the stairs to higher prices in the weeks ahead.

Beautiful day to spend time outdoors in cen Ohio today! Best day of the summer so far.

Cheers,

Iso
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