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To: hdrjr who wrote (50698)9/9/1999 9:43:00 AM
From: Roebear  Respond to of 95453
 
hdr,
OK here is there OSX read from yesterdays close.

90.43 is the neckline of a potential inverse head and shoulders that could be formed if that is penetrated. OSX closed sitting on top of upper trendline resistance of a trading range, that line is at about 87.
Currently OSX is in an ascending triangle or rising wedge sitting above the aforementioned upper (former resistance) trendline.
OSX is rated bullish long term.

STrader is cautious short term on any break below 84, I believe.

Not bad, eh?

Roebear



To: hdrjr who wrote (50698)9/9/1999 9:45:00 AM
From: The Ox  Respond to of 95453
 
SLB continues to bump up against 68
HAL fighting 49.

If we see SLB or HAL break out, that would be a signal to buy in. Until we see them show strength, I would be cautious about buying in now. We could be at a short term top with all the bullish statements coming out today.

BTW, Glad to see someone notice UTI......


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