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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/4/2001 12:13:43 PM
From: besttrader   of 37746
 
12:07 ET Sector Watch: Oil Service : Highlighted the OSX's struggle to work back above resistance in the 122/123 area yesterday. One of the few sectors up in early trade as a defensive play and has held on to the majority of its gains despite the dramatic reversal in the rest of the market. The near term key is to now hold above this barrier (20/50/100/200 simple ma). Important supports for individual issues to maintain their bullish posture: HAL (41.05), GLBL (14.70/14.50), TDW (44.60), RIG (50.60) and WFT (53.45).
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