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

To: Archie Meeties who wrote (19747)	3/5/2003 7:11:27 PM
From: wildandwonderful	Read Replies (2) \| Respond to of 206093

<<Ljmi, Is the OSX at 86 at a stalemate? >> OSX today bounced off 86, and from the action in the last 30 minutes favors the Bulls <<For a bear, it's retreating after another failed breakout. For a bull, it's testing support on light volume.>> OSX ran from 81.41 on 2/13/ to 92.83 on 2/25, almost 14.1% increase in 9 trading days. With that kind of run I expected some pull back ,OSX went from 92.83 to 86 in 6 trading days,i.e. 7.3% pullback, still in favor of Bulls <<Both the weather and time favors the bulls. Only uncertainty favors the bears. Both can make money by being on the right side of the trade, but I would rather side with time.>> At present uncertainty is so big ,it favors the Bears. <<Present uncertainty is opportunity. What else could it be? >> this would have been an ideal opportunity, if the general trend in the market was bullish, in this bear market it favors the Bears. <<A last chance to exit energy before commodity prices fall?>> I don't think energy prices are going to fall but there is a definite disconnect between OSX and commodity <<A warning signal that the majority of investors are not comfortable buying energy because of a war in an oil producing nation? >> I think majority of people are not comfortable buying anything, not only energy because of war. Tomorrow we should see a definite reversal on OSX ,is what I am seeing from the charts. I am still in the Bullish Camp, unless there is a reversal in the trend.