Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (14978)	3/17/1998
From: John Carson	Respond to of 95453

According to my weekly chart SLB has a left shoulder from 7/15/97 to 9/15/97, not as broad as the one NKE has, but a clear shoulder nevertheless. How do you define a shoulder? Are we disputing whether it is a classic one or not or whether one exists? My other question to you is will SLB and NE turn into NKE. With NKE there was an oversupply of sneakers, with us its oil. Can the head and shoulders formation be broken or is its continuation assured by the law of supply and demand? John Carson