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To: Heretic who wrote (87192)2/14/2001 2:28:01 PM
From: isopatch  Respond to of 95453
 
Beats me. Not following either one.

Besides I'm just a country boy(g). Feel better when I keep my strategy simple.

But everyone should follow their own work and instincts. If those 2 things tell you it will work? Then maybe you should try it. Hope it works well for you.

Cheers

Isopatch



To: Heretic who wrote (87192)2/18/2001 1:25:34 PM
From: Razorbak  Read Replies (4) | Respond to of 95453
 
Cost Free Trades - SLB & either <HP>, <CHK>, <CXIPY>, <PDE>, <MDR>, or <OII>

Heretic: I like your idea of going long SLB and short OIH, but since SLB has such a strong weighting in OIH, perhaps you might do better going with an individual equity on the balancing short side of the trade? Something like HP, CHK, MDR, or OII, which all look ripe for a S/T 10% drop within the next couple of weeks.

Chart for the long side of the trade:

SLB: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]

Charts for the short side candidates:

HP: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]
CHK: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]
CXIPY: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]
PDE: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]
MDR: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]
OII: stockcharts.com[l,a]daclyymy[pb50!b200!d20,2!e5!i][vc60][iLp14,3,3!La12,26,9!Lb14!Lc20!Ld20!Lf!Lg!Lj[$spx]!Lk14!Ll14]

Comments and flames are welcome from anyone.

Regards,

Razor