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Strategies & Market Trends : Strictly: Drilling II

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To: Bert who wrote (2967)10/17/2001 9:28:41 PM
From: Roebear  Read Replies (1) of 36161
 
bert sagara,
Just started following these recently, so I'm no expert on them, TA or otherwise. So what follows is MHO. Looks like some downside to them short term. Seems like they have been following energy recently, but interest maybe flagging, or they may dip with the markets, in short, a quick look at the charts has me wondering "if they will go" short term. LT I'm with ya.

Of course, like gold and oil, current events could always send them higher quickly. But if they dip it is my intention to set some LT positions. If not, I will set smaller LT positions, ggg.

Question, is there a seasonal element to these stocks and do you have any price frames for entry?

Best Regards,

Roebear
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