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To: Evolution who wrote (71048)8/16/2000 6:38:45 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
I changed my mind (short term) we do go higher on the OSX.

Why now I don't know...

But,

1) The XOI performed very well today and still has room to run.

2) Both SLB and OSX made new 52 week highs. Might be good for some mo mo money.

3) The XNG also made a new high...showing the breadth of the move.

4) We fell initially on the API's and then rallied. Rallying off negative news is a very good bullish indicator.

5) Laggards such as PGO, UFAB and WG (volume was huge) showed strength today. Also illustrating breadth. Come on KEG.

I certainly won't fight the trend. I will be ready for a reversal at any point. This doesn't feel right unless we back fill a bit.

Ok, I just killed the rally by going bullish. Slider and BigBull please do not get bullish too.