Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Swami who wrote (26140)	3/4/1999 2:03:00 PM
From: Jenna	Read Replies (1) of 120523

Oil Sector: Bottom? I don't think so. BHI,NBR,SLB,DO,RIG I would have liked to be in SLB calls this morning, a trade I've made dozens of times just 18 months ago, but I'm not convinced that anything has really changed in the sector. It has had lots of 'dead cat bounce' rallies or 'relief rallies' or whatever you want to call them, but I still consider them swing trades at most and not even position trades. If you want to trade the sector I find the 5 above are good for nice intraday trading ranges, easy to buy/sell, and have garnered a bit of insitutional buys yesterday. That is why I included one on the watch list.

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