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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: tech fool who wrote (15134)1/21/1998 4:18:00 PM
From: Judy  Read Replies (1) of 68009
 
TF, earnings will be completed in another week or so and there is not much in the next month or two to buoy the drillers or oil services up. My sense is they will drift down to their 200-day mav and hover thereabouts until either positive or negative news come out. Although the sector still looks bearish, but not sure how much more downside remains. btw, haven't not looked at price action today.
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