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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (46687)	6/20/1999 1:40:00 PM
From: Gary Burton	Respond to of 95453

Sorry George, i don't follow the Nikeii -the key is whether or not the drop from the top went down in 5 waves or in 3--If 5, then after say a 38%-62% retrace, new lows will follow---If 3, then maybe it will do a long term triangle like crude, where the A wave was the recent low near 11000(?)& this is the B up-to be followed by a C down which holds above the bottom of A then D back up then E back down fpr final low above 11000

To: Crimson Ghost who wrote (46687)	6/20/1999 6:56:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

George, A little Asia present for you. quote.yahoo.com Looks to me as if the Aussie All Ordinaries have put in a good bottom. Are there any Aussie webs? I may dump all my drillers and buy Asia tee hee! Nah. I'll pretty much stay in this sector and buy the GB dip. <g> To my way of thinking all these OS mergers indicate ceo's getting ready for a major upcycle coming. I do not believe it reflects a move to obtain "greater efficiencies". In a year, imo, Wall Street will be calling FGI's Holloway a genius. In the mean time I'll sell calls and reduce my cost basis to near zero.