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Strategies & Market Trends : Waiting for the big Kahuna
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To: Joan Osland Graffius who wrote (12913)1/10/1998 8:44:00 AM
From: bearshark  Read Replies (1) of 94695
 
Hi Joan:

Have you been partaking of the oil-service sector (OSX)? Take a look at the chart for OSX ($OSX) on dbc.com. Then check CDG which is following the bear pattern nicely. CDG started the week at about 50 and ended at about 38.. Sweet crude is dropping and so is the rig count. The oil service sector should have nice profits this quarter which may give it a chance to rally. Oil----mmmmmmmgood.
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