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

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To: Lucretius who wrote (20250)4/24/1998 12:03:00 PM
From: Broken_Clock  Read Replies (1) of 95453
 
I've got to agree with you on that LT. These financial "news" shows are usually a joke. Just like the nightly mainstreannews. If it's what they want to hear the "good news" is hyped, hyped, hyped. If it's bad then they skip over it like a bad odor in good company....pretending like it isn't really there.

Now for some encouragement for thr TDW crowd. Here's the chart(I know...TA doesn't mean much!).http://207.95.154.130/chart/default.asp?period=120&time=week&chart=candle&chart1=ma&volume=y&rsi=y&stochastics=y&momentum=y&symbol=TDW

This is the weekly...every time TDW is ready to make a big up move there has been a sharp sell off the week prior to it...then, within 2 weeks TDW was back in stride. Can't say if this will be a repeat but the similarities to last year are amazing. Down early in the year, then attempt up, sharp sell off, then just up till the end of the year.
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