Mostly: Classical

[Frank Pembleton]

C ... I was figuring that you have one set of charts for gold that argues in favour of the bullish case scenario, and another set of charts for energy that argues just the opposite.

It's pretty subjective stuff, as you know-- <vbg>

Anyway,

Newton's First Law of Motion:
Every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it.

...just looking at the Canuck version on Exxon, and you'll note the high volume days (force) at the major pivot points-- although Friday's action was colored with an option expiration day (which happens every third friday of the month) I reckon there was enough positive force to counter the negative force.

Newton's Third Law of Motion:
For every action there is an equal and opposite reaction.

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You'll note from the chart that IMO peaked at 137 and traded as low as 97-- a correction of almost 30% in less than a month.

That said, I think the bottom is in and I'll do more buying-- not so much for technical reasons but for the excellent fundamentals going into winter.