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Strategies & Market Trends : Technical Analysis - Beginners
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To: DRRISK who wrote (9852)3/15/1999 2:41:00 PM
From: peter n matzke  Read Replies (2) of 12039
 
DR.Risk, Thanks for the detailed reply. I will need to chew on that for a while.

This may not be helpful or of any interest to you but i had looked at a delta chart of the major oils which shows a low should come in this summer july-august, which would be followed by a significant rebound.
The big oils should be up for the 3rd and 4th quarter irrespective of the market in general.
My guess is that the drillers would lead the reversal by a bit.

regards
peter
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