Hi ski,
So you're a NYer eh? :-)
Thanks so much for your thoughts on SLB. Very much appreciated.
>>It appears that it does not like to get away too far from its 200 DMA, and it keeps testing it.<<
As you mention in your post -- still a decent catch up area between 200 MA and price. Makes me want to watch and wait.
stockcharts.com[w,a]dfclyyay[db][pb50!b200!d20,2!b20!f][vc60][iUb14!La12,26,9!Lk14!Lp14,3,3!Li5,3,3!Lg!Lyb20,2.0]&pref=G
I'd like to reenter, but I'm inclined to let it get closer to that support area. We'll see if that's the right decision. They report tomorrow, and if earnings are good -- the stock could take off.
What I'd really like to see is a healthy correction in Biotech. I've missed all the fun in that sector! <g> |
