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: diana g who wrote (41331)	3/31/1999 12:04:00 PM
From: Crimson Ghost	Read Replies (1) of 95453

Today's correction was signalled by 2 factors: The failure of the OSX to take out strong resistance at 72. The drop in the OSX yesterday despite a strong rise in crude. I opined in a recent post that the failure of the OSX to break above 72 would trigger a pullback to 66-68. Well we have had the pullback. Expect another run at 72 before long. If that fails, down to the low sixties. If it succeeds, up to 80 or so quite rapidly.

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