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Strategies & Market Trends : Three Amigos Stock Thread

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To: Pilot who wrote (8783)9/15/1998 2:07:00 PM
From: LTK007  Read Replies (2) of 29382
 
Well Pilot I took about 1/3 of the money I have alotted for oils and
bought some ESV,PTEN,CDG and UTI as they all had a better TA rating
at this moment than GLM and MRL---I am really high on PETD,but I did not buy it today as it is above it's 20 day ma and I am just guessing it may be overstretched for the moment---going into the day PTEN ESV
UTI and CDG all had overbought readings but all I below yesterdays close--also CDG had a double top breakout yesterday and is showing extremely bullish signs over and above the price of crude as the merger factor with Falcon is evidently in play.
Good Luck,Max To all,this PETD is really worth a look.
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