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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Larry S. who wrote (13796)	3/26/1998 9:29:00 PM
From: Ken Adams	Read Replies (1) of 53068

Larry... With all due respect, I am wondering what you were looking at that made you decide to go with OXY when you did? Technically, there is the old resistance near 30.50 and RSI is well above 70%. This looks like a stock that will simply test it's old highs and fall away. Not to say that it can't break out here. I sincerely hope it does for your sake, but, technically, it sure doesn't look like it will. Ken

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