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: Thean who wrote (14926)	3/16/1998 7:32:00 PM
From: John Carson	Read Replies (3) of 95453

I am no TA expert, but looking at the SLB chart over the last year, I see a classic head and shoulders formation. Does this mean if it breaks support at the second shoulder, the price goes down big time from there. NE also seems to be doing it. What does it mean for the sector when these two break support. John Carson

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