TB; RE:" weird hours "
>Our oil service sector sales now seem very timely. I got mine coming into a buy zone again. It sure seems to take guts to pull the trigger on this group. However, they sure make nice moves! I just wish that I had not looked at the Fundamentals. Buy GLM about $9 and sell it a little over $10, until it proves otherwise. Looks like another 6 months to me.
CL99H - Crude Oil Futures is supposed to leading indicate the rig demand/count, which is the actual revenue generator for oil service companies; But for all the blips in the price of oil: the world-wide rig count is still going down every week, according to the Houston newspaper.
Lousy fundamental outlook not withstanding, yeah - if the apparent short-term UpTrend is gonna continue, they gotta turn around right here, Berney.
>I found that I can only really deal with one or two accounts at a time. Thus, I'm getting more and more into s/t position trades...
well, you're kicking butt and taking names, dude!
Are you sensing a shift in sentiment away from consumer sectors like DRG.X and RLX.X towards the producer sectors like industrials and capital-equipment companies ?
-Steve |
