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

To: BigBull who wrote (51425)	9/19/1999 8:18:00 PM
From: Aggie	Read Replies (2) \| Respond to of 95453

Big Bull, a pleasant Sunday evening to you, "The last big land oil fields that the majors would be really interested in exist in the ME. " Well....I'm prob'ly the onliest ignorant sumbitch here, but where or who, exactly, if you don't mind me askin', is ME? The state of Maine? The Mongolian Empire? The Montreal Expo? Ahhh...maybe the Middle East? Naahh. By the way, a lot of exploration spotlights are being focussed on the Caspian right now, where some truly gigantic structures which have, up to now, been untested. Regards, Aggie

To: BigBull who wrote (51425)	9/19/1999 8:57:00 PM
From: Gary Burton	Read Replies (4) \| Respond to of 95453

ok Just for fun folks lets see what a classic elliott pattern would project for FGI from here--then we can sit back and see if I am anywhere close-nothing like putting one's "credibility" on the line here--so here goes my best shot----From the interim peak of 14.00 on Aug 10, I think FGI started its last move down-such move to consist of 5 Waves, with the 3rd Wave subdividing into 5 smaller subwaves and the end of the 5th Wave being the bottom.--Wave 1 ended at 12.88 on Aug12, Wave 2 ended at 13.75 on Aug 20--then Wave 3 started. So far, as I see it, we have completed subwaves (i) and (ii) of 3 and are in the late stages of (iii), which could bottom anywhere between Friday's low and say 10.25ish. From there, it should blip up but top out below 11.63 for (iv) and then drop again below or equal to the low of (iii) to end subwave (v) and Wave 3, say into the high 9's....After that, another blip up say to 11ish for Wave 4 and then one last wave down to or below the bottom of Wave 3--and that should be the bottom and end of the sequence...My trading software suggests we could see as low as say 8.50ish at the bottom but it may bottom in the 9's...We shall see. my 2c---don't hold to me to it if it doesn't work and of course I reserve the right to change my mind at any moment (vvbg).