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: SliderOnTheBlack who wrote (31278)	10/29/1998 6:17:00 PM
From: RGinPG	Read Replies (1) of 95453

No, it's got nothing to do with fundamentals. I lost my shirt buying on fundamentals. It is strictly due to the technicals (stochastics trading system). The stochastics are particularly compelling during this cycle because they are behaving so uniformly and predictably (so far). I imagine I will be short from 5 to 10 trading days as this is the length of the typical down-cycle. It's nice to be ahead on my trades for a change. I sold too soon (about 5 days and 20% before the top) but at least I shorted at the right time. We'll see if things pan out according to the stochastics. osxstocks.com

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