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: marc chatman who wrote (32036)	11/23/1998 4:15:00 PM
From: RGinPG	Read Replies (3) of 95453

I think you were wrong about the buy-out thing with AOL. Usually when the market is in a tech feeding frenzy, the oil service stocks get forgotten. But I think you are right about support. I will be the first to admit my buy signals are wrong if we get the OSX down near 51. The weekly stochastics are dangerously close to a sell signal osxstocks.com and I'll not get caught in a downdraft again. Of course this may mean I'll have to sell out locking in a 10% loss, but I also may be avoiding another 30% to 40% hit. All this with the full knowledge that I may have to buy back in at higher prices after a triple bottom (OSX of 47).

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