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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (78)	6/8/1999 7:13:00 AM
From: JLIHAI	Respond to of 19219

The reason I go with OSX instead of XOI is twofold. 1. OSX is more representative of the Oil well services companies which are heavily tied to the rise and fall of oil prices. The big name oil companies get benefits in chemicals and refining from low oil prices and the effects of changing oil prices can be more subdued.. 2. A long time ago, I was an employee of SLB and oil services is a business I understand well. Even so, my trades in this sector are sporadic. I guess I should have entered OT because this doesn't really pertain to tech analysis. OSX is just a personal thing. I concur with your decision for XOI. JL