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 (33074)	12/17/1998 11:30:00 PM
From: dj8000	of 95453

With respect to oil/OSX, it's very volatile. up 10% one day, and down 10% next day. Actually this is very similar to general market 2 month ago during market bottom: up several hundred points one day, and down several hundred next day. And I heard from radio on my drive home that this kind of volatile market happened before and these volatility are very often the indication of a major BOTTOM. This proved to be true for general market again. So, I suspect the volatility in oil/OSX may be the indication of a major bottom. DJ

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