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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: nspolar who wrote (18742)	2/23/2003 8:44:22 AM
From: GREENLAW4-7	Read Replies (1) of 206131

NSPOLAR, If you take a look the 3 year chart on the OSX you can clearly see a head and right shoulder. I also see OSX and many of the stocks in downtrend that I sincerely cannot comprehend how they can sustain any BULL move with the products currently at 36 and 6.5. Both at 2 year highs currently, and shoulder season quickly approaching. (BLOW OFF TOP) I also see better shorts in other places of markets since I cannot see this broad market going nrth anytime soon. Actually the price of commodities are killing the economy and it will be evident in quarters to come. The one point I would make regarding technical position of OSX, if this move above 86 does not hold for long, the bottom could fall out of many stocks. I do agree that NG plays like PTEN, and NBR are ok shorts but there are better shorts in the patch relating to crude after lasr week. I do wish other bears who believe OSX is heading lower would roam here, but many will not. Good luck and thanks for sharing your thoughts

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