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

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To: Thean who wrote (16213)3/23/1998 8:33:00 PM
From: Broken_Clock  Read Replies (1) of 95453
 
spoke too soon...here they come now....can't get slb or abx(off topic on that one)...most look pretty ugly to me..."evening star" types.

RIG sold off to the low and to the December support at 52. Below that tomorrow and it should head back to 48. HAL looks really ugly, too. Just too far too fast IMO. Just hope we don't gap down at the open. I prefer a selloff so everyone can have a few minutes to get their house in order.

OTH, DO, RIG, HAL all closed above the recent resistance.

Be careful tomorrow. All the traders will be looking at these charts. if they get spooked it could get really ugly as everyone tries to pull $ off the table first.

PK
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