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Strategies & Market Trends : Point and Figure Charting
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To: Ms. X who wrote (163)1/28/1998 9:28:00 PM
From: Ms. X   of 34816
 
What happened in oil services today. P&F TA

Bullish percent (BPOILS):
Sector actually gained strength this week folks. Up two percent to 22%. Double top buy signal is still at 32%

Selected Stocks:
EVI: No change from yesterday. Still below bearish resistance line. Reverses up at 42.

NE: No change from yesterday. Good signal at 31, a triple top buy and breaks the bearish resistance line.

DO: Reversed up on its chart. Double top buy signal at 47.

SLB: Had already reversed up yesterday and added one more box at 74. Creating a nice series of higher bottoms.

MDCO: No change from yesterday. Good signal at 22, spread double top and breaks bearish resistance line.

FGII: No change from yesterday. Last signal was a buy and has reversed from there.

CDG: No change from yesterday. Creating higher bottoms.

GLM: No change from yesterday. Great signal at 27, a spread double top buy and breaks bearish resistance line.

HAL: Trading above bullish support line. Will reverse back up at 47 then look for a buy signal at 49. Looks the best in this group.

SDC: Reversed up today after creating a double bottom at 34. Next buy signal at 41. Still below bearish resistance line.

FLC: No change from yesterday. Good signal at 35. Will have a double top buy signal and break the bearish resistance line.

TDW: Only one in the group who has recently given a sell signal at 41.
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