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

To: Wowzer who wrote (49124)	8/10/1999 11:24:00 AM
From: JoeDi1213	Read Replies (2) \| Respond to of 95453

API guesses for tonight from bridge new Crude down 1-2 million unleaded down 2-3million Heat up .5 -1.5 million Refinery rate unch IEA monthly report showed opec production rose to 26.13 mbpd compared to a revised 25.94mbpd in june.In addition, the IEA revised up its estimate for inventory levels and inferred that the recent market rally may be over done for current fundamentals. The iEA said falling supply and a recovery in the demand for oil suggests that the fundemantals are in place for a tighter oil market, but the market may not be as severely constricted as sentiment indicates

To: Wowzer who wrote (49124)	8/10/1999 11:32:00 AM
From: BigBull	Respond to of 95453

Any body notice that CRK is blowing through heavy heavy neckline type resistance the last 2 days. Doing it on heavy volume too. My target is 7. I'm not saying it goes there tmw, but damn, this one is following H&S bottom trading pattern to a T. FLC is trading @ last gasp short term resistance of 12.5. If it breaks that on heavy volume like yesterday's - 15 is in the bag! MAVK is moving again today. Decisively breaking past very short term resistance of 14. Good API's send this one to test 15.5. Cup with handle bottom forming here. Very explosive when it works. 15.5 is the number to watch.