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 (8743)	1/20/1998 12:39:00 PM
From: Rob Hinton	Read Replies (1) of 95453

Thean & Thread, Thanks for your time. If I could bother you with another question... Looking at DO since November it has been in a steady down trend and everytime it gets within sniffing distance of the 50 day ema it runs for cover. This has happened the last three cycles. It looks like we are going to do the same again. Friday's session was essentially a doji which portends a reversal. My guess is that DO will get close to the 46 level (+/-) and then head down to around the 36-38 level in the next two weeks. What's your take? I know that with earnings and the sentiment starting to change we all hope for gains to the upside but I've been bit once! I'd appreciate any help ya'll might have. From the super secret encrypted and bug proof BatCave, Rob

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