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To: GREENLAW4-7 who wrote (9316)4/30/2002 5:43:07 PM
From: chowder  Respond to of 206181
 
>>> Looks like OSX 107-110 was the TOP?? <<<

Not necessarily. We haven't breached any support levels and I don't see any reversal patterns yet. This could change tomorrow or the day after, but for now it just appears to be some profit taking.

stockcharts.com[h,a]daclyiay[pb200!b50!b10!f][vc60][iut!Lh14,3]&pref=G

Having said that, I don't think this is an ideal spot to go long the OSX either.

dabum



To: GREENLAW4-7 who wrote (9316)4/30/2002 6:01:48 PM
From: quehubo  Read Replies (3) | Respond to of 206181
 
Keep dreaming, this quarters E&P NG production reports have sealed the upward direction pattern over the next 2-6 months. Weekly AGA data will only become more bullish.

If you are short maybe you get a brief chance to cover and catch the next wave to OSX 125.

I am waiting for a possible selloff to reload some equity and options in NBR & NE.