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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (2264)4/7/1998 11:12:00 PM
From: mph  Read Replies (2) of 34811
 
SHE'S BACK! Card counting, huh? Were you in Tahoe or Reno or some other Sin City? Hope you had a great time. You will be gratified by the gnashing of teeth and hue and cry in your absence, although folks like Mr. Wizzard did admirably!

Notice the impact of the lack of instantaneous skyrocketing of oil prices on our poor beaten down oil service sector. What's your P&F impression? I, for one, feel much like Linda Whats-Her-Name from The Exorcist...i.e., my head is spinning around on my neck like a top! The good news is that I bought FGII on 3/31. The bad news is that it's my smallest position in the sector. So what looks good to you as a relatively short term trade? Ideas?
TIA
mph
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