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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (770)2/17/1998 9:06:00 PM
From: Judy  Read Replies (3) of 34818
 
Jan, you may want to look at the next support levels for the drillers and oil service stocks. Price of crude has not bottomed yet, and the sell volumes on the drillers/oil service stocks were significant today ... and in the face of raging bullish liquidity. My sense is selling puts for the sector may be appropriate, not buying calls ... not yet.

Hi, Tom D, AOL is treating you better today than it normally treats its customers!
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