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 (45866)	6/3/1999 6:48:00 PM
From: BigBull	Read Replies (1) of 95453

George, remember what I said about a sideways correction with a downward bias resolving the MACD divergences. Well here it is in living color. investor.msn.com The 50 dma and 70 OSX is actually providing good support here, which kind of surprises me as I had expected the index to break it for a short period of time. We really need to get some follow through here tomorrow to generate the MACD buy signal. The short term stos have already crossed, of course, generating buy signals. We'll see.

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