Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Second_Titan who wrote (86460)	2/6/2001 1:59:57 PM
From: victorw	Read Replies (1) \| Respond to of 95453

I use RIG as a marker for the OSX, because you can factor in volume. We left a little gap at 45ish yesterday, and volume is lower today, so I wouldn't be surprised to see some backing and filling for a few days, maybe even closing the gap, but there is a lot of support now around 45-45 1/2. On the upside, there is not a hell of a lot of resistance I see before 55 or so. MACD turned back up today, mid-term uptrend looks established. Re the OSX, RIG is a bit of a runner, but if near term upside for RIG is 10-15 per cent, I wouldn't be surprised to see 140-145 for the OSX as a whole. Other views? victorw