Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PuddleGlum who wrote (3912)	11/27/1997 8:34:00 AM
From: Iceberg	Read Replies (1) of 95453

>"No short term trading allowed"? Steve, Personally, I see nothing wrong with having a time frame of a few weeks. >After examining the charts of about 25 oil service stocks I find that most of them are giving reversal indications After Wednesday's closing prices, I suddenly picked up a surprising number of short-term buy/reversal signals on my system too - 17 out of 35 oil service stocks I'm tracking. That's half of them, and it seems to indicate that we could be at the cusp of a turnaround. >The ones that look good to me are NE, GLM, TMAR, VRC, CKH, CDG. Of the 6 you mentioned, I concur with GLM and CDG, but NE is questionable. I'm currently not tracking the other 3. Keep in mind, this is short-term TA forecasting only, and isn't to be construed as anything more. ICe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next