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

To: ItsAllCyclical who wrote (64006)	4/6/2000 9:10:00 PM
From: hdrjr	Respond to of 95453

We hit the 106 Pnf mark of resistance today, actually we could still go to 104 without breaching that resistance line. the Pnf top was 122, we got close, the bottom resistance was 104, we are close. I still think our immediate fortunes are tied to the NAZ somewhat. Today is the first day that I watched the market in days and as the NAZ went up, the OSX languished, when the NAZ went down at the end of the day, the OSX went up. I know that is simplistic, but nonetheless true. Personally I think we stay in the 108 to 120max range for a few weeks creating a base until earning season is more or less over. The EnPs' earnings should carry the drillers until the deeper oil exploration(not deep water) is more prevalent. As I have mentioned before, I would love to see another triple top breakout(first at 94) at 120 from a base of 100 which would take us to 140+. DD, congrats on the early morning GLBL, I would have added more but reacted to slow. GLA, hdr