SI
SI
discoversearch

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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SpecialK who wrote (10959)7/4/2001 12:11:54 PM
From: Shack  Respond to of 52237
 
Hi 'K', I would agree that the drillers have made nice gains over the past couple of years but we have now retraced just about 50% of these gains and the Elliot wave count looks incomplete to me. Since last summer, the OSX has been in a flat consolidation which, if my count is correct, will end very shortly. We are near a good entry point in terms of risk/reward IMO, right at the 200 week MA. I am playing it for more than a bounce.