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: DataBits who wrote (88761)	3/18/2001 8:37:15 AM
From: hitsoft17	Read Replies (1) of 95453

Data, I agree on the tone of your thoughts, but I would suggest that there are a number of stocks ( TXN, AMAT, MU, DELL ) that have been channeling for weeks and are sitting at lower resistance. Classically these will lead the averages out, whenever the hell that happens. I would suggest that a safer path to accumulation might be to increment into these first. However I agree that is is time to start averaging in. Some of these lower tier issues are acting like value stocks and have single digit trailing PEs ( LRCX, NSM ) HItsoft17

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