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

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To: rails99 who wrote (91696)6/23/2001 10:24:11 AM
From: chowder  Read Replies (2) of 95453
 
Hi Rails! I don't follow the home builders but a couple of them showed up on my short scans yesterday.

TOL and LEN look like good shorts for a trade.

The Relative Strength Indicator for TOL has flashed a sell signal.

The candlestick pattern is known as a Bearish Engulfing Pattern.

The other indicators are turning down. Absent a catalyst, it looks like a good trade here, to the downside.

stockcharts.com[h,a]diclyimy[pc25!c50!c200!f][vc60][iut!Ub14!Ua12,26,9!Lk14!Ll14!Lc20!Lh14,3!Lg]

LEN's candlestick pattern shows the same Bearish Engulfing Pattern. The other indicators are mixed but it looks like a good short candidate here too.

stockcharts.com[h,a]diclyimy[pc25!c50!c200!f][vc60][iut!Ub14!Ua12,26,9!Lk14!Ll14!Lc20!Lh14,3!Lg]

dabum
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