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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (35830)1/26/1999 11:12:00 AM
From: Crimson Ghost  Read Replies (2) of 95453
 
Slider:

We apparently differ in our TA -- I view low volume declines as much more bearish than high volume selloffs -- especially when the stocks are very depressed to begin with. High volume drops show that there are buyers in size as we drift lower; low volume drops signal that prices still have not fallen enough to attract large value buyers.

But I do agree on the vital significance of Secretary Richardson's trip. If Saudi oil policy changes we will get a huge rally. If not -- significant now lows on the OSX are virtually certain.
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