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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: The Jedi who wrote (9617)1/25/1998 2:05:00 AM
From: William L. Oppenheim  Read Replies (1) of 95453
 
We agree exactly on the technical analysis. However, the fundamentals appear strong, and with each additional down tick, stronger. Sooner or later the tide will change and I will be a buyer. Keep in touch and we will discuss the tide. Some folks use cycles of the moon in their analysis, so the use of the term tide is very appropriate. My own feeling about TA in general is that it is secondary to FA. There is some academic evidence that the use of moving averages can be helpful, but most studies discount the subject in general, and even the MA folks don't seem to have a dramatic advantage. The FWN post was exactly the type of post I look for in this thread. Thanks.

As far as war talk, I've agreed to leave that discussion to Glenn Dickerson.
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