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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (8701)	4/6/2002 8:58:34 AM
From: chowder	Read Replies (3) \| Respond to of 206131

Shame on me! I wasn't paying attention to the OSX yesterday when "program buying" entered the OSX around 1PM. The OSX reached a major level of support, a triple bottom. This is where technicians love to pick up positions. Triple bottoms present one of the best patterns to trade off of. Whether there's any follow through or not remains to be seen, but if you trade the technicals, and want to invest in the sector, that was the point to pick up an entry position. This hourly chart should clearly show the triple bottom and the immediate response to the pattern. Program buying is that efficient in picking the exact moment to kick in. stockcharts.com[h,a]eaclynay[pb10!f][iut!lh14,3][J3843783,Y] Keep in mind, this is a very short term analysis. dabum

To: quehubo who wrote (8701)	4/6/2002 8:59:45 PM
From: Raymond Duray	Respond to of 206131

quehubo, Re: If maximum revenues are the goal why would they not shoot for a higher price with lower exports over the coming decades In 1981, the average oil revenue per citizen of Saudi Arabia was $22,000. Today it is $6,500. There is no way that the Saudi regime can cut off supply without a vast rebellion in the Saudi "street". Ergo, the Saudis have very little discretion in the matter of cutting off supplies to the West. Re: Last time I looked they hold most all the incremental oil supply and their ability to control prices will only increase. You may need to look again: foreignaffairs.org Here's a Cliff Notes Version for the short attention span crowd: Message 17074570 siliconinvestor.com