Strictly: Drilling and oil-field services Message Board

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

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To: Sharp_End_Of_Drill who wrote (77701)	11/1/2000 2:51:49 PM
From: ItsAllCyclical	Read Replies (1) of 95453

Actually if you want a great chart look at TSO (refiner) I love this formation...a breakout after a long consolidation period, both the 50 and the 200 dma are trending up, the 50 dma is about to cross the 200 dma to signal a new uptrend and it's near a 5 year low with a solid PE. 207.61.23.98 Granted oil prices may spike, but most seem to think they'll be steady or may moderate downwards over the next 12 months. They report earnings tomorrow. I really don't want to buy ahead of the news these days, but if I had to guess I think it's more likely to have a positive influence. No position currently as I like MVK better, but TSO seems like a good sleeper canidate if it stays flat or pulls back again after earnings.

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