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

To: Roebear who wrote (61375)	3/3/2000 11:53:00 AM
From: BigBull	Read Replies (2) \| Respond to of 95453

Crude getting toppy? futures.tradingcharts.com futures.tradingcharts.com As many know I've been using Don Wolanchucks count for crude prices. His count has crude going to 33.45 before descending. Crude hit 32 yesterday, so that means only a buck fifty to go, from that point. His ultimate target for crude is in the forties somewhere. I concur. The DOE charts indicate that crude and aggregate stocks may finally be leveling out, albeit at very low levels. The seasonal build may finally be under way, although it is too early to call for a clear trend reversal. Remember folks, this build is normal, and not any sign that "OPEC is cheating". So don't let the "analysts" scam you here. eia.doe.gov eia.doe.gov My bet is that Gasoline will remain strong but that crude may start to slip some time in the next few weeks. I am therefore starting to look at refiners. OS is clearly is the run phase, look for corrections of the brief variety. OSX looks good for no MAJOR corrections till 120. Maybe that's the time to buy refiners? I am personally now looking for those stocks I believe to be just entering their run phase. The candidates are SESI, MAVK, TBI, PDE, FLC, PGO. Any one got any others? Bull