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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 (47539)	7/8/1999 9:10:00 AM
From: BigBull	Respond to of 95453

George, make no mistake about it, I am still expecting a OSX retest of the lows made last week. As you may recall I predicted a short term rally that would fail followed by the retest. Based on the recent OECD numbers and API numbers I am now leaning towards that test being successfull. I still think that earnings present a very great danger for individual companies - in the short term - say two weeks. Then these osx stocks will be "free" to trade on OIL fundamentals, which are quite bright. I also believe that the micro cap E&P's will suffer some very short term weakness based on technicals and nothing else. I am now in heavy duty "PROWL" mode, and will buy these issues heavily when they "come into my sights". Then rotate back into drillers and OS stocks as I don't seeing them going straight up from the retest. JMVVHO