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To: The Gambler who wrote (49948)8/27/1999 1:43:00 AM
From: Roebear  Respond to of 95453
 
Gambler,
I disagree with the OSX pullback. Today we put in a nice reversal stick on heavy volume late in the day. The bounce (actually a slight penetration of) was off the 50 day and a hammer was formed in the process. To me this indicates a reversal to take place from the short term downtrend. BTW, Crude is up over $21 again at this time overnight.

Besides, my timing is impeccable today; RE my last post, I pulled the plug on my newest puter two seconds before lightning sent a surge through our lines.

It's a sign!

VBG
Roebear



To: The Gambler who wrote (49948)8/28/1999 4:34:00 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 95453
 
Gambler:

I agree there is a good chance the OSX will go below 80. Some are already speculating that the US will soon pressure OPEC to hike production. Oil prices have already reached the unofficial OPEC target. At a minimum expect I expect OPEC compliance to come down some this fall and winter. Another negative is the probability (as I see it) of a big drop in the overall market this fall.

BTW, are you the same Gambler who has had several bullish postings for gold on other threads?