SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Burton who wrote (35090)1/14/1999 5:32:00 PM
From: BigBull  Read Replies (3) of 95453
 
Gary: To date your Ewave analyses of oil futures prices have been nothing short of remarkable. Very impressive! Congrats. Do you trade the futures? We all could have made a small fortune had we taken your oil calls.

Now that oil is has retraced as per your wave analyses, what are the upside projections. I am aware that you believe oil could yet go still lower but it appears that the selling in both OSX and oil is starting to dry up. I find it interesting that the OSX weekly stochastics have recently signaled a buy! The weeklies have been far more reliable as a predicter of OSX price than the dailys. Very little whipsaw or chop. If you had taken these signals on the buy and sell side you could have made alot of money.

osxstocks.com

I am looking for OSX to rally at least to Oct. - Nov. highs. It is pretty clear that a complex bottom is being put in here, but that it may take another month or two before we transition into flat out bull mode. All these economists who are predicting a US slow down/recession in the second half are out of their minds (JMVVVHO)! Have you noticed, that since Brazil, there has been no more "the Feds on hold" comments? IMO, Brazil is a blessing in disguise. It will once again put the fear of God into the central bankers, and we could have a whole NEW wave of coordinated interest rate cut. You will note with great benefit, I think, that the OSX Oct. lows coincided with the feds discount rate cut. Greenspan must be sweatin' bullets because many US money center banks have heavy heavy exposure to Latin America. Brazil will be defended to the DEATH - bet on it! All the international monetary authorities are now well schooled in how to deal with emerging market financial crises. Brazil will not be allowed to fester like Asia was.

Anyway, I always welcome your Ewave analyses, and comments. Any thoughts?

Thanks again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News