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Gold/Mining/Energy : Nabors Industries(NBR) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Lou who wrote (31)3/19/1998 10:21:00 PM
From: Char  Respond to of 174
 
Jim Lou

>If you've seen the taxis in Shanghai, boy, you'd have not doubt that our stock should be in the high 50s instead of where it is right now.<

It'll get there, we just have to be patient.

>That being said, what does our Williams indicator say?<

I'll have to get back with you sometime this weekend with this. I am currently traveling with my laptop and don't have access to my Supercharts program.

Dave



To: Jim Lou who wrote (31)3/22/1998 10:42:00 AM
From: Char  Read Replies (1) | Respond to of 174
 
Jim Lou

We are still looking good on the OSX. Larry Williams gave a sell on it last Tuesday but it was back in the buy range Wednesday. That's one of the problems with the indicator, sometimes you get whipsawed.
NBR is still a buy. ESV is still in the sell range. UTI and GLM both gave a buy signal Friday. UTI's chart looks real good here. Larry Williams gave UTI a sell signal on Nov 13 when the stock was a little over $39 and Friday's signal was the first buy signal since then. That's why I like this indicator. You won't get out at the top or back in at the bottom but you will catch most of the trend.
Dave