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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (18564)	3/13/1999 11:47:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

GZ, You have a favorite Oil Index that you watch....there are many. OIX - CBOE XIO - Oil Index ASE GNY - Spot Index CME GJY - GSCI Index IPCI- Crude Oil Index Well....Very few analysts feel that this is anything more then a short-term blip.....the world is a wash with new oil and oil wells. Thanks to new technology.... The 2 year CBOE Index shows a very nice series of forks.... With a middle tine at 260....it should stop the market. Friday's High was 253...up from 220 Might be a good short >>smile<< Chip