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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (244)	2/1/1998 11:06:00 AM
From: Ms. X	Read Replies (1) of 34811

What happened in Oil Service last week. Oils Service sector: Looks as if it may have improved a few percentage points. Confirm on Wednsday. This means there are more buy signals than sell signals happening. Updgrades/downgrades: DO +BUY by Prudential Securities on 01/29/98 ESV +BUY by Salomon Smith Barney on 01/29/98 GLM +BUY by Prudential Securities on 01/29/98 MDCO +BUY by Prudential Securities on 01/29/98 MIND +BUY by Southwest Securities, Inc on 01/28/98 NE +BUY by Prudential Securities on 01/29/98 Those who gave P&F buy signals: FGII PESC UFAB Those whose relative strength or momentums are turning positive: CDG UDS Those who gave P&F sell signals: OII Those whose relative strength is turning negative: JRM CRBO Those whose weekly momentums are turning negative: CAM FLC MDR NE OII PNDR SLB UFAB Those not mentioned held steady on Friday and gave no additional signals. *P&F buy or sell signals. These are signals given on the P&F chart. They do not mean "buy" the stock or "sell" the stock. It simply tells the direction the stock is moving.

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