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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (28950)1/31/2002 1:12:21 PM
From: isopatch  Read Replies (1) of 52237
 
Terry. Noticed that.

Question for the OSX is....

will the XNG make a V bottom and go straight up, or is it going to hit a wall in the lo 170s and turn back down to put in a secondary low?

If the latter, the OSX may be limited to 90 in the near term followed by a pullback. So not necessarily a lot of upside from this point.

To be honest, am actually goofing off right now, while that issue gets decided. Stopped out of a bunch of stuff early this week, after just a few days long, for a small overall net gain. Great hot streak since late November in the PMs then the energy stocks for that first strong cold weather runup.

"Goofing off" = taking a minute or two to watch the show and spend some of those profits aka smell the flowers.<g>

Have a couple of moderate size energy positions remaining: DO, NR (and micro cap MWP) in the oil service group. May trade out of DO if this rally carries higher. NR and MWP continue as core holdings.

Do you have any oil service stocks? Or is FPP your resource play for now?

Isopatch
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