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: JZGalt who wrote (21134)	5/2/1998 4:41:00 PM
From: Lucretius	Read Replies (2) of 95453

I think the last 3 months is enough for the mad dash up phase to cap off a bull. However, I believe we will make one last speculative run in the coming month to 9400 or 9600 before the blowoff. The point is to start selling into this rally and not wait for it to roll over because the selling will be fast and furious. Note that the NASCRAP appears to be leading the rest of the mkt and has already had its blow off phase IMO which occurred two weeks ago. NASCRAP looks to be forming a nice little head and shoulders pattern. we're alot closder than you think. 2 yrs away? no way. I say months at MOST. The real "crash" won't ocur for several months out. But the top should be VERY soon. Could be a couple weeks away. -Lucretius

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