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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Carole who wrote (17533)11/23/1999 8:52:00 PM
From: Sergio H  Respond to of 29382
 
Carole, small cap oils won't make a move until the big guys rally, IMO. RRC's chart is short term negative negative MA crossover. Entire oil sector is going to rally, but not just yet, IMO.

There is a lot of consolidation taking place in the oil sector and RRC is a good takeover candidate. Looking into the near future, RRC looks great, but be careful over the very short term.

Sergio