NEW Market Gems - Swing and Day Trades Message Board

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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (485)	6/3/2001 10:47:03 PM
From: Jenna	Read Replies (2) of 1227

Oil/Energy PNY OLOG earnings plays. We are now awaiting a recovery of the energy/oil service sector with the advent of the OLOG and PNY earnings releases. I expect CNBC will be late on the uptake when this sector begins to show gains again;-) At this point PTEN is looking good but we are waiting for APA, EOG and some others to break above their 50 day moving average in order to get really interested in that sector. I don't miss it with all the movement in technology and pharmaceuticals, but this sector is always a good hedge in case the techs pull back again.

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