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

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To: The Perfect Hedge who wrote (9806)	1/27/1998 7:47:00 AM
From: donald sew	Read Replies (1) of 95453

Hi Glen and all, As I had indicated, I think on the TSO thread, that both the XOI and OSX were CLASS 2 BUYS with the buy-in date as yesterday. Of course I did not get, so what else is new. ggggggggg A CLASS 2 and CLASS 1 are similar in the fact that the buy-in day is the same, but a CLASS 2 has greater downside risk than a CLASS 1 and may take a bit longer to reverse. Well the OSX did get technical reversal(short-term) signals across the board yesterday. For candlestick watchers, it was a WHITE HAMMER. Actually it was not a perfect hammer, but close enough. I use approximately 10 different technical indicators and each one confirmed a short-term reversal. Now, all that is needed is for the overall market now to help out by also moving up. As for the longer term, if the 105 support holds for a complete short-term cycle, then it would be the first HIGHER LOW since the downtrend started, which would hint that this is the longer-term bottom and should be up from here. All bets are off if the market tanks big, which I dont think it will. Seeya

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