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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: TechTrader42 who wrote (11788)7/16/2001 1:34:48 PM
From: Raymond Duray  Read Replies (1) of 52237
 
Hi Brookelise,

Speaking of lemmings, look at the oil sector (RIG, for example). Oversold? I wonder

Inquiring minds do wonder. But with the collapse of refinery margins, a pending glut in crude, collapsed demand for the NGL complex and nat gas spot price seeming heading below $3 imminently, due to weak demand, one has to wonder if maybe the sector is still overbought.... <g> I seem to recall someone once telling me that the awl bidness is cyclical. Or was that carouselular?

FWIW, Ray :)
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