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Strategies & Market Trends : Option Trades

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To: scotty who wrote (91)12/15/1997 6:20:00 PM
From: Broken_Clock  Read Replies (1) of 2341
 
I'm thinking that the drillers are on the way back up tomorrow. candles are positive for SLB, GW, HAL, GLM, etc. all up off the lows set on 12/1. SLB is a leader and this group(oil service/drillers) moves in a pack. Check a one hour candle chart for SLB and compare 12/1 with 12/15. Amazing!Hal is very similar. GW actually reversed today and went green. If it's gap up time tomorrow morning it will be a quick ride up.Bought calls on GW & NE on friday, SLB and HAL today.
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