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Strategies & Market Trends : Point and Figure Charting

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To: epicure who wrote (14181)	2/18/1999 5:19:00 PM
From: james ball	Read Replies (2) of 34808

What I ment by Rodney Dangerfield sector is every time the sector seems to get going it loses steam and settles back in the cellar. It "can't get no respect". If you are buying the big Drillers HAL and SLB you are probably alright. The problem is the sector has not reversed up yet and could stay in the cellar for a long time. The good news is everyone has probably sold that wants to sell now so the downside is limited. If the sector was above 70%BP I would worry. Tom

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