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: cnyndwllr who wrote (94085)	8/30/2001 9:22:57 AM
From: MetalTrader	Read Replies (3) of 95453

Trend lad here....If you step back and look at the bigger picture you might take a different attitude. There is NO question that some of the gorillas are beguiling. BUT... We are rapidly approaching a moment when the mother of all nazdaq bears is meeting the Daddy of Nasdaq Bulls. One trend line begins at 5000 in y2k and has put us where we are today. The other begins back in 1988 and puts us where we are today. If the uptrend reasserts itself, all is right with the world and millions will breath a sigh of relief. On the otherhand if the mother dominates and breaches this support...next stop is way down there. There are several areas of tech that have been rebuilding most of this year...but I smell fear in the air again and have gone to heavy cash until resolution. The oscillator indicators are like a little the little devil on the shoulder saying to buy. mt mt

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