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: drsvelte who wrote (23574)	6/7/1998 2:13:00 PM
From: Alski	Read Replies (2) of 95453

drsvelt, (OT - Concrete hedge) Concrete favs Southdown Inc (NYSE:SDW) and Lone Star Inds (NYSE:LCE) have been correcting since late April, early May. Neither have SI threads and their YAHOO! threads are lightly posted. Nobody should trust my TA but it looks to me like their technicals may be about to signal a reversal; except for momentum, which still sucks. Any TAers left on this thread care to comment? A third, less pure play would be Centex Construction Prods (NYSE:CXP). It's been holding up through the correction. My read of their technicals says a move is coming, but it's not to likely to be up. Looks to me like, unless there's some interesting local play, it's a bit early to buy concrete. Alski

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