Strictly: Drilling and oil-field services Message Board

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

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To: The Perfect Hedge who wrote (9832)	1/27/1998 11:02:00 AM
From: Ms. X	Read Replies (3) of 95453

Some TA on popular osrv stocks. I took a look to see how some stocks (those popular on this thread, sorry if I missed some), have been doing with the volatility. I know it seems as if things are bad BUT, I have good news. Not one stock that I looked at created a sell signal. Everyone is holding fine. So, even though drillers were down, for some reason they didn't sell down as low as before. They are creating higher bottoms which shows demand is coming in for the stocks. Great news. Here is a brief look at some. EVI: No change. Higher bottom. Buy signal at 48. Stop 37 DO: No change. Higher bottom. Buy signal at 47. Stop 38 SLB: No change. Higher bottom. Buy signal at 82 which would be a triple top break and right at the downtrend line. 83 to break downtrend. MDCO: Much higher bottom. Buy signal at 21 and that would break downtrend line. Great signal at 21. FGII: Much higher bottom. Buy signal at 29. Stop 19. CDG: Much higher bottom and has reversed up from there. Next buy signal at 47. Looks the best in this grouping. Cheers!

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