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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (60152)2/11/2000 11:21:00 AM
From: ItsAllCyclical  Read Replies (1) of 95453
 
Disappointing XOI action today. Looks like it wants to follow the market lower. Got out some XOI positions for now. Increased SII short a little as I see at least one more dip in OSX before OPEC meeting.

I see $45-48 SII sometime before OPEC meeting. At the very least I think I can get out of the short sometime during the next couple months at no loss. Sub $45 SII is possible in market selloff.

Thompson's showing heavy sell signals on SLB and SII. SLB at 55 again should equate to OSX of 80 or lower.

Kept a little UCL.
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