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

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To: Broken_Clock who wrote (10509)2/4/1998 7:36:00 AM
From: donald sew  Read Replies (1) of 95453
 
Dave or anyone else,

I spent some time search for crude oil charts on the internet with little success.

Can anyone help direct an good URL.

From what I did see it appears the the price of crude has retraced about 1/2 of the quick rise which took place about 1 1/2 weeks ago. I believe that the we will see a retest of the lows in the price of CRUDE shortly and thereafter the smoother and stronger upswing in CRUDE should start. Without daily charts appears that the retest of the lows could be within 3-10 days.

The overall market should start to pullback this morning. If the OSX does not follow the DOW, same as yesterday, then that would be some confirmation that the OSX is triangulating with the apex at 98-99.

When the DOW was down yesterday the OSX did not drop, and when the DOW was up the OSX also did not follow, thats a good sign, just hope it does not follow the DOW today, since the DOW will be down, at least at the open. Almost every foreign market is down slightly and the S&P futures are down 5.

seeya

Seeya
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