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: Thean who wrote (3085)	11/18/1997 4:55:00 PM
From: Broken_Clock	Read Replies (1) of 95453

Thean...you are so right...looking back over several bellweather charts like FSESX, HAL, TDW I can only state the obvious...the charts are beautiful. Even in the most bullish periods there have been pull backs allowing buyers to hop on board. Jan-Feb-Mar looks good the last two years. All those funds hopping on board.I noticed several bear declines. Percentage wise, last May looks alot worse for TDW than the past few weeks. Ido notice a triple top has formed. I would venture the next two weeks is indeed a precursor for the remainder of the year. If we drop from the three tops and can't regain new highs then January looks like a good bet. But, hey! I could be wrong(and probably I am!). Have you done any weelky candlestick analysis that shows any patterns forming for specific days? Such as Mondays generally up, Tuesdays down, etc.

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