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: Evolution who wrote (44901)	5/18/1999 7:41:00 AM
From: Gary Burton	Read Replies (1) of 95453

Evolution--A textbook Elliott pattern would suggest crude near 16 and the OSX near 61-65---I am NOT saying that we ARE going to get that low, just that if we did it wouldn't be a surprise to an EW type...For eg, we could turn back up from any low this morning that takes out 71.36, as that would then complete one version of a down pattern from the 81ish peak... But, if I don't see FLC printing 9.88 I'm not buying (vbg).Com'n Petrobras, cancel the contract. There's too many net bulls in this stock. Need to shake them up so I can buy back in....I also think MRL needs to take out yesterday's low of 12.00

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