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: upanddown who wrote (31928)	11/19/1998 9:50:00 PM
From: articwarrior	Read Replies (2) of 95453

"Both times, the OSX went down faster and came back faster than the S&P 500. That is not happening now. " bigcharts.com. If you look at the chart it appears a pullback in the S&P 500 by end of next week. One third the extension with each dip. That is if you correlate the swings of oil with the dips in S&P. Also consider rate cuts about same time of bottoms. Interesting theory.... I'll have to watch this development... Time to think about what to buy....What's your thoughts John?

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