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: Lucretius who wrote (16222)	3/23/1998 9:43:00 PM
From: Broken_Clock	Read Replies (2) of 95453

OK LT, I'll take the bait on this one. My interpretaion is different. I think there's a ggod chance(better than 50/50) that traders sold into strength and the shorts will descend like a horde on us tomorrow or Wed. NE closed below the resistance line(31 was key on the last break out attempt, right?). It's still got a great uptrend channel going but I think earnings or some other news will kick us back up in another 5-10 trading days. I also think "bullish hammers" happen on the bottom of downtrends. Maybe I'm just feeling poorly from the flu I got last week...dunno, but i think we're gonna go down for another dunking. And I HOPE you're right and I'm wrong. I'm starting to feel beebled.... PK

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