Sharck Soup Message Board

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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (28314)	6/18/2001 8:54:32 AM
From: GREENLAW4-7	Read Replies (1) of 37746

I think we may see 5-10% more on the downside possibly, but we should see 25-35% on the next upswing. I like SLB under 58, and HAL under 44. I think one of these api reports should begin to reflect IRAQ's reluctance to ship oil. Perhaps either this week or next but in any respect look at SLB's fundamentals at 56-58 its a no brainer!! It likes to trade between 58-70, as HAL like to trade 42-47! DO looks like a good buy also. Regarding NASD rolling over, its just too easy and I think MM know these shorts are doubling down all over the place. I think we could have a Short cover rally (squeeze) BACK TO 2150 area before rolling back to 1850-1900. Fed meeting will be the trump and going into use NASD strength to short again! Out!

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