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: funk who wrote (14873)	3/15/1998 7:44:00 PM
From: Broken_Clock	Read Replies (1) of 95453

funk- you might get a dip on some of these this week but don't count on it. We've had 4 months of negative news. The GOM leases are out this week...if it's bullish, which I expect it will be, then we'll no doubt rally again. A look at the OSX chart 207.95.154.130 shows that the OSX is now basing above the gap made a couple of weeks ago. We've had extremely bads news last week yet the OSX traded sideways for 4 days. IMO this shows pretty good strength and the most likely direction from here is up...I am expecting a retest of OSX 113 this week if the GOM lease news is good. Of course, Zippergate could blow it for the entire market.... PK

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