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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: chuck weir who wrote (8859)	1/20/1998 3:35:00 PM
From: TREND1	Read Replies (1) \| Respond to of 95453

chuck There are many trends in a market. Hourly Daily Weekly Monthly I feel the monthly trend is the trend of the "FUNDS" I feel the Hourly, Daily and some times even the Weekly trends can be "played" with... ......but the montly trend is a safer and "harder" trend to be pushed around by the news. Also.....and this is very important to me. (1)STOCK PRICES LEAD EARNINGS. (2)FUNDS WILL GET OUT WHILE EARNINGS ARE TOPPING. So, is the bull cycle over for the Drillers ? Or are the Drillers just going through a "correction" ? I do not know. But if the news is still good and the stocks make a Monthly Higher High...It will be safer (less risker) to buy then ! Larry Dudash See my web site for Monthly chart of GLM SLB RDC geocities.com