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Strategies & Market Trends : Point and Figure Charting

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To: Jack Chen who wrote (4562)	7/9/1998 4:55:00 PM
From: Mr. BSL	Read Replies (1) of 34811

Hi Jack. The Oil Service sector is still in a long column of O's on the bullish percent chart. It turned around at 62% and is heading for 20%. The good news is that the IBD subsector, oil and gas field service (which contains HAL and SLB), is at bull alert 30. This subsector contains only 45 stocks but is an indication as to which subsector will lead the Oil Service sector up when it does turn. Good luck. duke60

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