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

To: marc chatman who wrote (51559)	9/21/1999 7:01:00 PM
From: in_outdaily	Read Replies (1) \| Respond to of 95453

Marc/Gary/any other TA guru... How does the OSX trend look now? OSX 80 was broken, but the strong buying at the end of the day leads me to hope that the newer channel of 80-90 hasn't broken down. I can't believe that we'd visit the low 70's let alone the 60's with stats we have on hand. I agree with you Marc that 76-77 may be were OSX finds support if the overall market continues to plummit,, but I'm hoping that the OSX fell in sympathy with the big drop in the DOW today, and that if we see further selling, it will be short-lived. The various negative articles that have been recently published claiming that several of the oil service stocks are going to have a bad quarter are tainting the sector short-term. Anyone who has followed the sector knows that the numbers are going to still be weaker than year ago levels. Lots of bargains out there if you believe that we're close to the bottom... I like CAM under 38 BHI under 29 UTI under 20 MDR under 22 PTEN strongly up on a neg day! What do the other folks on this thread like, and at what price? My 2cents Bill BTW, Loaded the boat with RDC in the low 17's!