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: Crimson Ghost who wrote (45297)	5/22/1999 1:04:00 PM
From: hdrjr	Read Replies (1) of 95453

To All, Here is a nice chart of the OSX that is available every few days to non- subcribers. securitytrader.com I get 72.5 now forming a base from last Nov. and the end of Mar. up from the previous base of 61.5 from the first of Jan. and first of April. Following strictly the channel pattern of higher highs and higher lows we could see the OSX at 120 by the end of July with a subsequent retrace to the 91.5 area. If OPEC is correct,120 is certainly doable. This of course assumes the uptrend continues, if not, at least we have a higher base. hdr

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