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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (45055)5/19/1999 7:24:00 PM
From: Broken_Clock  Read Replies (2) of 95453
 
Slider,
The blowoff on RIG at 23ish(major support level) was very tempting. i agree that RIG is #1 buy in osx right now. I am looking at RIGHE or HX for entry IF oil can bounce back above 17. i see it drifting and the close below 17 today does not bode well short term. 16 is next support. I am still holding my SII puts. I am waiting for a big push down later this week.

oil TAwise looks like down is easier than up.http://www.digisys.net/futures/chart/ts_cha13.gif
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