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

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To: RGinPG who wrote (30544)10/9/1998 8:43:00 PM
From: Snewts  Read Replies (1) of 95453
 
"the OSX easily broke through to new lows"

Ron, according to my records, the previous low closing price for
the OSX was 47.89 on 8/31. Yesterday's close of 47.28 was below
that, but not substantially. I believe both days had intra-day
lows in the 45's. I know very little about technical analysis, but
I prefer to call it a double bottom from which it bounced a little
today. I guess no matter what we call it, things are pretty ugly.


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