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

To: TREND1 who wrote (9958)	1/28/1998 12:48:00 PM
From: Ms. X	Respond to of 95453

Larry, I imagine the monthly momentum does show a down trends in GLM, SLB etc. Actually, in most of the stocks in this sector. And I would also say they have been in a downtrend since October right? Well, that also happens to be when the sector reversed down from the 70% overbought area. Osrv has reversed back up from the 16% oversold area. The sector is improving. The monthly momentums are like the caboose of the Oil services train. I'm a little more interested where the engineer of that train is headed. I know the caboose will follow. Monthly momentums will start to go up. It will follow the daily's and then the weekly's. Daily's are starting to turn positive now, even some weekly's. Monthly's are next.