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: Big Dog who wrote (18000)	4/4/1998 7:40:00 AM
From: donald sew	Read Replies (1) of 95453

Hi Big Dog, The charts for the mid-longer-term on the OSX looks very good and that it will continue up, setting higher highs. As for the overall market, there are many technical signs that we are topping out and that a normal technical pullback will be coming soon. The technicals are indicating that the top for the overall market should arrive TUE/WED of next week and that the actully pulling back to start no later than next Thur(could start earlier). Monday should be up to flat. As for the strength of this pullback, it appears that 8750 is the first strong support line. As for the OSX, see the next 2 support lines at 109 then 104/103. The short-term technicals for the OSX are smack in the middle, so for the next few days it could go either way. This is the time when it is most influenced by news, whether good or bad if any. Seeya

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