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Strategies & Market Trends : The Rational Analyst

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To: ftth who wrote (409)	3/3/1998 6:49:00 PM
From: The Perfect Hedge	Read Replies (3) of 1720

(the oils)Dave and Rainier and All- I am speculating and looking for both of your takes on the oil service co's and drillers.It appears that these stocks have decoupled from the price of crude.Today was the 4th day in a row that they have moved big independent of what crude did.In addition,downtrends have been pierced and this looks like it could be the beginning of an uptrend.Fundamentals are as good or better than they were before these stocks got blasted so many of these seem to be good value plays.I'd love to hear what you guys think?GD

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