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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (58189)1/9/2000 8:22:00 PM
From: ItsAllCyclical  Respond to of 95453
 
Any opinions about buying some refiners here for a bounce? If oil prices go down here or merely stablize refiners should do better again. My top picks in this area would be TSO, FGP, CNO and EOT (Mostly on a technical basis).

TSO looks great if it can hold the 10 area. Pull up a 5 year chart. The $10 area has shown good support over the years.

Most are still in a downtrend though so I'd use caution. FGP and CNO could both break their 50 dmas soon however.



To: ItsAllCyclical who wrote (58189)1/9/2000 8:49:00 PM
From: SargeK  Read Replies (1) | Respond to of 95453
 
Thanks for the correction!

Jim L: "Let's see first off FGH closed at 7 13/16."

From 7 13/16 to 10 provides a paltry 28% gain. I wish you luck with UFAB. Another one of my favorites. Wait until you try to trade it before you count profits. Been there, done that!

Good luck

SargeK

P.S. I'll ignore the Slider-esque name calling for now. I know you must be upset (after taking the tax loss and now find the stock running away from you). >g<


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