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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (15581)8/4/2003 4:06:23 PM
From: rolatzi  Respond to of 39344
 
I trade TA and the season and summer and early fall is not the best season to be long, IMHO. I keep looking at OSX, oil services index, wanting to start a new position and spend some of the cash that is doing little for my account and I see support at 81.5 and some more support at 77.5 or so. In addition there is an ascending line of support going back to 98 at around this same level. So, I keep waiting for a little bit more downward action and then will probably take a position in FSESX which is the Fidelity Energy Services Select fund which follows pretty closely, OSX.

So I continue to watch and wait.
Ro