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To: Lucretius who wrote (20241)4/24/1998 11:28:00 AM
From: marc chatman  Respond to of 95453
 
>> It looks like we just saw the first bear mkt rally this morning IMO<<

LOL, everywhere but this sector, I guess. For oil service it means the decline slows a bit. I'd say the OSX is around some light support here, but many of the components haven't come down too far, so another market downdraft should break this support easily. I suppose the key is whether we hold the low from the previous cycle, somewhere around 106.5



To: Lucretius who wrote (20241)4/24/1998 11:31:00 AM
From: The Perfect Hedge  Read Replies (2) | Respond to of 95453
 
Luc-
You think we're going to go from a raging bull market to a bear market in a couple of day's?I agree we need a 5-10% correction but BEAR MARKET?GD