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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Cragganmore who wrote (42189)4/14/1999 1:15:00 PM
From: Gary Burton  Read Replies (2) of 95453
 
OSX could go either way at the moment. Since it failed to reach 66.80 print, it could now be in wave 3 down of a 5 wave C Wave, suggesting low to mid-50's. That will become the preferred count if it prints below 60.52, the low of last week... On the other hand, this dip could simply be a wave 2 of a new uptrend (60.52 to 66.26ish for wave 1, then a partial retrace for wave 2). This alternative will become the preferred count if OSX holds above 60.52 and then prints above 63.86. ..Until either happens, it's a tossup.
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