Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SJS who wrote (14216)	3/9/1998 4:15:00 PM
From: Broken_Clock	Read Replies (3) of 95453

steve, not sure about that... I know there's a big difference on using TA on this thread. I like it and find it useful. I've had two channels forming on slb that I see. One is trending slightly down and the other slightly up. The close today did not help the "slightly up channel. That being said, the osx closed above 103 altho it did hit 102.2 at one point. I am hoping that the speculation over the GOM lease will bring some $ our way as the rest of the market weakens. I guess we can derive some satisfaction from the fact that oil tanked big time and we held 103 today. Strange divergence with slb and osx. Who's leading who? If slb is the leader then 99 osx tomorror and slb will test 70 and possbly 68-69.That is a buy for me. I will go long with everything at 68. PK

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