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

To: Post_Patrol who wrote (43823)	5/3/1999 11:47:00 PM
From: stan s.	Respond to of 95453

I don't blame you for not using stops, and granted, things look positive right now. If you don't like trading in and out you can scrap the daily chart and look at the weekly, where 5 days are condensed into one. Positive when the (green) 6 period moving average (simple will do) crosses above the (red) 10 day, negative when it dips below. Pretty accurate on a 2 year chart. This is the OSX, works with individual stocks as well as long as they strong show movement as the oil sector has a habit of doing.. Note that during Oct- March this system did nothing but keep you safe. geocities.com Something this simple can at least alert you about a decline that may be serious enough to warrant a possible sale. This chart is done on software but there are similar charts available I'm sure. Just a thought, good luck, hope you make a bundle! Stan