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Strategies & Market Trends : Rande Is . . . HOME

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To: bglad who wrote (11032)8/19/1999 3:06:00 PM
From: Kevin Shea  Read Replies (1) of 57584
 
bg.... yes SLB holding up well here just above support at 65 give or take (looks like my estimate of entry at 65.25 was pretty good <g>)... this could be more consolidation or just a rest.... overall oils and OSX issues doing well today(see earlier message) BTW HAL (and the OSX) is doing just about the same relative to the support (Which may reflect the weighting of these stocks....

In general, stocks often do well upon moving off support such as this. And it may be accompanied by a dip to clear out close in stops...
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