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

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To: The Perfect Hedge who wrote (7165)1/8/1998 7:31:00 PM
From: MonsieurGonzo  Read Replies (1) of 95453
 
Glen; RE:" XOI.X & OSX.X "

The oil thread and myself would love to hear your thoughts on the
osx if you get a chance. GD


Yesterday's Hammer failed confirmation today - however the support at OSX.X ~99 is still intact, though barely. XOI.X looks weaker, and CL98H oil futures indicate that the price of oil will continue to go down. Note CEX.X is nearing support at ~439 in a similar fashion.

I am buying the hell out of NHY at this level, FWIW.

Else I have no other positions in this sector at the present time. I'm compiling a larger database model of the Driller, Machinery & Equipment, and Services sub-sectors of the OSX.X with my cybertrader friends, and will post the F/A and T/A when there is something to show. In the meantime...

Message 3125283

-Steve
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