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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company
SLB 36.06-0.7%Oct 31 9:30 AM EDT

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To: Kevin who wrote (150)9/20/1999 11:09:00 PM
From: Neil H  Read Replies (1) of 216
 
Kevin

It has previously shown good support around 58/59. This one regularly cycles and this move is not unusual. It is a good buy at this level IMHO especially those wanting to buy and hold. I am not adding until high 50's unless I decide I want trading shares and play a 3-4 point swing.

I presume the decline is sector related, not company specific. Haliburton also has dropped 5 points over the same period.

Neil
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