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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: VLAD who wrote (30536)10/9/1998 3:54:00 PM
From: RGinPG  Read Replies (5) of 95453
 
After investing in this sector heavily for over a year now, I'm not sure what value is. The action yesterday was scary in that the OSX easily broke through to new lows without much ado. We needed the positive activity today even in the face of falling oil prices (again) to give me some confidence that this is not just a continuation of the major downtrend that began in May. If we can stay at least flat for a couple of days, the daily stochastics will give a buy signal.

osxstocks.com
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