to all (and 007, thanks): follow-up further: first, see GNV 3 5/8 up a bunch more....that looks like it for BS (15-) for now, and whole group getting extended S.T. anyway, which is why last 2-3- weeks, had been mentioning the then-still-depressed "oil svc. steels".... which, shockingly, has been yet another "PSYCLE sm" timing gem for us, so far, but certainly did not expect such quick moves, some which I missed, some I didn't, but the KEY, again, is learning the "PSYCLE sm" long-side patterns, so one has a fighting chance to catch at least some of my continually nifty-timed output/ideas....
anyway, watching for more resistance in straight Steels, up already (no greed), and TAM already up, 16+ to 20. or so, so far, but now at it's 200 DMA res., dig ? got whipsawed in NSS, any others in the "oil svc. steels" anyone watching here ? I gave out a few straight oils and oil. svc. issues on S.I., like PTEN 10- to 12+ so far, FEN 22+ to 27+ so far, UNT. 7. to 8 3/4 so far, UTI. 12+ to 17+ so far, EOG, SEI., as my picks then, all near recent base lows....see the formation ? neat...
so, am glad I helped others, again, and, notice, only now, AFTER they are already up, one hears more about these stocks...this is what I teach to look for, in "PSYCLE sm" stage 2, etc. hey, when I rec'd. puts on the oil. svcs. near their highs here, Wall St. hated them....it never changes....good for us.... but, now too late in many of these, obviously, since we ONLY buy right near lows, or not at all... some depr. Techs. shaping up again, so moving some money there again....best wishes, till next time, |
