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

To: BigBull who wrote (62092)	3/13/2000 10:26:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Crude prices, crude chart. futures.tradingcharts.com My target for crude has already been hit. So this post is my humble assesment of where crude may go. 1. The uptrend is still very much intact. 2. Crude may be cranking up for another run at 34. 3. If it doesn't keep rising for the next few days, then a break to 26 - 27 is order. This is the price where OPEC laid on the jawboning hot and heavy last time, and should provide good support if they do so again. 4. A minor stall after a few more days up is acceptable if it is brief. 5. Many bulls liquidated on the crack back from 34, thus the uptrend is still fairly well disciplined, although bullishness is still pretty strong. This is a tough call for me. I guess Slider may be right about the upcoming API's being very important. I almost wouldn't mind seeing the break to 27. Political pressure comes off, OPEC does not raise above 1.5, refiners go to work big time. Just thinking out loud in attempt to garnish some thoughts from others.