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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (3972)	10/1/2001 7:06:17 AM
From: MoneyPenny	Read Replies (1) of 4916

(OT)Julius, I noticed you had PKD on your charts for breakout thread. I have owned this stock in the past owing to my liking for oil service. Under 5 is amazing for Parker Drilling given their prospects. The OS stocks have the plague as everyone is expecting oil prices to be depressed further. Very short term view IMO. We need to reduce our dependence on MidEast oil. We need alternatives more than new sources but the oil service stocks will go nuts again soon. I might just take a flyer on PKD. This is a technical pic right?

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