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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: james ball who wrote (3605)12/24/1999 12:36:00 AM
From: PuddleGlum  Read Replies (1) of 9427
 
Merry Christmas to all, and to all a good study for the remaining days of this year:

Oil Services are looking strong again, with a number of them recently busting the BRL's or making otherwise attractive formations, such as GLM, CAM, NE (!!), TDW, SII, WFT, ATW. And the energy producers are showing signs of coming around as well, with DVN, EVER, EOG, APC within a box of a low pole formation. PPP bounced nicely off of the BSL, APC beginning to make higher bottoms, and VRI looking solid.

That's a special for those of us who came to this thread from the oil patch.

And here's another interesting sector: Steel. Look at X, AKS, NUE, PKX. NUE is coming out of a good base, PKX is forming a nice base, and other steel cos look fine as well. These aren't interesting enough for high flyers like OJ, but I can live with them.

pg
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