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: XOsDaWAY2GO who wrote (10160)	1/29/1998 10:56:00 PM
From: Broken_Clock	Read Replies (1) of 95453

B, As Thean indicated, OSX 104is the key tomorrow.I am looking for a gap thru 104(based on HAL & SLB charts) so the key would of course be to close higher for the day above 104 on the OSX. In looking back, the negative news in early Jan overpowered the good news.Massive short selling, falling oil, falling DOW.The good earnings and rising oil with upgrades is finally taking effect.If my personal expectation for higher close above 104 happens tomorrow, then the earnings coming next week could see us rally thry then, unless war happens which could make the market and us go either way. I am also encouraged by the individual stocks(not necessarily drillers) such as HAL which appears to be breaking above the downtrend line today. Dave

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