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To: Czechsinthemail who wrote (13941)3/6/1998 11:53:00 AM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
bard-
watch 74 on slb. that's the current strong support.That's the bottom of the gap from last week. SLB has been wanting to test it today. if SLB can hold 74 that's good. If not, I expect we'll be sliding down a bit.What's different now is the slight divergence we're seeing in some stocks.

What is encouraging is the realative holding power of the stronger stocks like RIG, DO, EVI, BJS and the OSX holding 108 is now appearing to be the real support we thought. Perhaps SLB is weak because of anticipation it might be in an aquisition mode?
PK