SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ditchdigger who wrote (20087)6/4/2000 2:17:00 PM
From: Sergio H  Read Replies (2) of 29382
 
DD, OSX broke under 200 day MA on Friday:

207.61.23.98

...while Naz 100 broke above 200 day MA:

207.61.23.98

Energy and natural resource stocks have performed well when the high techs have sold off and have therefore done very well this year. I'm not sure what the Naz is going to do, (probably move sideways for the summer?)...but it looks to me that oil and gas needs to pause and refresh.

A comparison of the oil and gas stocks to other natural resource stocks demonstrates that the oil and gas sector has greatly outpaced other natural resource sectors. I think that the oil and natural gas stocks will take a breather right now until further developments, such as the expected supply shortages, act as catalysts to drive these stocks further.

Sergio
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext