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: The Perfect Hedge who wrote (6786)	1/6/1998 8:37:00 PM
From: Thean	Read Replies (1) of 95453

From looking at the IQC charts today, I noticed there is a similar pattern between the last 2 days and sometimes in Dec 10. After two days of severe punishment, there was a technical bounce the next day before further selling took it down again a few days later. I'd not be surprised if we get a dead cat bounce tomorrow morning. For those who are considering trading, consider selling tomorrow am and sit on cash waiting for the reversal signal and go short. Don't try it if one does not have the time to watch the screen.

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