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

To: patron_anejo_por_favor who wrote (89415)	3/29/2001 8:22:53 AM
From: isopatch	Read Replies (1) \| Respond to of 95453

Buenos Dias Patron. Although ST has OSX 112 and the next support level, 110 is what I recently posted. So we are on the same page there, AND more importantly that 110 doesn't stand out all that much. Stoc looks like it's close to putting in a low so 110 is probably a good bet to do at least some buying. Looking at the daily chart 104-6 looks to me like a better support level. (Chart template from Ask Research isn't used much here so I thought I'd share it): askresearch.com The 18 month daily IMHO offers additional evidence for my choice of the 104-6 area as better ST support with lo 90s as Intermediate Term support. askresearch.com Best regards, Iso

To: patron_anejo_por_favor who wrote (89415)	3/29/2001 1:34:43 PM
From: Archie Meeties	Read Replies (2) \| Respond to of 95453

It's an opportunity created by uncertainty. That uncertainty is in the market, and it's on this board. Has the cycle run its course? Will weakening economies choke back demand for crude faster than OPEC's resolve. Or does OPEC have resolve? Will gas injections begin to reflect increased drilling and the comparison for 2001 weaken against 2000? If everybody asks these questions, how can there be support for the patch? But if everybody asks these questions and the answers come back "No", then this uncertainty is opportunity. I agree that the life of the current OSX cycle is nearning or past high noon, but I think there is plenty of light left. May 130's are on sale today, going shopping.