SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Nabors Industries(NBR)
NBR 51.49-0.3%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
To: Jim Lou who wrote ()2/21/1998 4:22:00 PM
From: Char  Read Replies (1) of 174
 
Jim
I'm not a TA expert but looking at the chart I think you are a little early. I use Supercharts and have be following the Larry Williams Indicator which hasn't triggered a buy signal yet. This indicator seems to trigger a signal when the slope of the 40 day MA turns positive. I have been watching NBR and plan to buy into it when I get a buy signal. I have two other drillers, ESV and GLM that I got into too early and don't want to make the same mistake again.

I don't know if you know this, but Steve Leeb who puts out a couple of newsletters called THE BIG PICTURE and PERSONAL FINANCE has been sending out an advertising flier in which he says NBR is his #1 Oil Stock. He gave it a strong buy when it was >$30 and said it could provide 400-500% gains. Definitely one to watch.
Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext