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To: double-plus-good who wrote (59730)2/4/2000 11:31:00 AM
From: Roebear  Respond to of 95453
 
double +,
I have been negligent in my securitytrader updates, when I get a chance I will post back to you.

Good advice on the gold stock options or the stocks for that matter. It pays to be early but not too much ggg. The longer gold holds the 296 level the more likely it is to go up. Normally, the powers that be would have smacked it down by now. Perhaps they have run out of ammo due to other problems, derivatives perhaps?

I feel their pain, NOT!

VBG

Roebear



To: double-plus-good who wrote (59730)2/4/2000 11:38:00 AM
From: BigBull  Respond to of 95453
 
++good - Re Rig.

H&S tops are usually only valid after a very long run. Having said that, the gap @ 27 is still unclosed. RIG may go down and fill it intra day. RIG betwen 27 and 30 is a buy, period.

One thing I've observed about the OSX is that many times it "likes" to form little double bottoms just prior to a big advance. Therefore, a retest of the low 80's may be in progress. Individual stocks may go down more or less, some may even go up in this process. However, I believe one thing is real clear at this point, those stocks with exposure to deep water are the ones that tend to have the smallest increases and the deepest drops. Deep water just ain't happening right right now. This is why I've shifted my assets away from that sub sector.

OK, so here's my OSX call, strictly FWIW:

Double bottom to form in the next few days ~ 80/82, setting up a rally past 96 to 100. I'd be looking to buy the stocks that resist this current decline best.

JMVVHO

Bull



To: double-plus-good who wrote (59730)2/4/2000 7:46:00 PM
From: Roebear  Read Replies (1) | Respond to of 95453
 
double-plus-good,
From securitytrader.com:
Wednesday was a (not good)heads up stick and XOI looked bad.
Last night was the same on OSX with some concern that the AIR index was up. ST suggested to keep an eye on the AIR index to keep tabs on the OSX maybe. Triangle for OSX looked like it had a bottom (support) line right around where it bounced today, 84.88. So I would say that is a positive.
My guess is STrader would say that the OSX has to follow through with some gains on Monday and he would like to see the XOI recover and the AIR to go down.

I will look at the XOI chart again after he posts on it tonight (sometimes its Sat till he does them on weekends).
RIght now its too scary looking and I don't want to see it till its updated,

gggggg!

Now when he posts his charts and commentary for tonight we shall see how close I am.

Best Regards,

Roebear