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: Thean who wrote (17249)	3/31/1998 4:35:00 AM
From: RGinPG	Read Replies (1) of 95453

OK, so maybe this isn't it, but its at least closer to being it than the last it was. <TA> Some of the charts are giving convincing sell signals. Some are still in the staying in the overbought pattern, but some have definitely turned down and are close to a peak sell signal. The chart of the OSX looks bad. Even if we hold flat or slightly up tomorrow, we will be very close to getting below 80 on the stochastics. This has been a fairly accurate sell signal even in an uptrend. rgdoczzz.home.texas.net (the site is in transition, so bare with me). Unless we get a real show of strength tomorrow, I'll be taking some profits, hopefully to buy back in a few days from now at slightly lower prices. I don't plan on staying out long. This may not be it, but it is definitely getting close. First to go will be FGII, then RON, then DO, and CDG. VRC and GLBL are looking weak too, and I may shave some of my holdings there.

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