Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SJS who wrote (13279)	3/2/1998 12:18:00 PM
From: Thomas M.	Read Replies (1) \| Respond to of 95453

Looking at a chart of the OSX or any of its major components, you can see the entire decline since October was contained nicely by the 50 day moving average. As Ron and several other TAs have been pointing out, we have formed a nice base in the last month. Today, the OSX is breaking above the 50 dma for the first time (assuming it holds). Most OSX stocks are just breaking their 50 dma, or are about to. On the other hand, FGII broke its 50 dma weeks ago, and has since pulled down to just on top of it. I love this relative strength. Tom