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


To: drsvelte who wrote (17093)3/29/1998 5:54:00 PM
From: sand wedge  Read Replies (1) | Respond to of 95453
 
sorta off topic

MANU had a 15 (FIFTEEN) point jump on friday.....could there be just a little profit taking?



To: drsvelte who wrote (17093)3/29/1998 5:57:00 PM
From: P.Prazeres  Read Replies (1) | Respond to of 95453
 
Could you please expain what your list of shorts has to do with the "strictly drilling" thread???



To: drsvelte who wrote (17093)3/29/1998 11:39:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
<TA> Many of the stochastics charts for this sector are in the hanging around the overbought area pattern. This means to me, we have changed from the pattern of overbought leading immediately to a dip and then shortly after oversold. We are now in a pattern seen in an upward trend, stocks show prolonged strength, get into the overbought area, and stay there for a while.

In spite of the positive sentiment on this thread, things are different this time. The charts are different and the environment is different (analysts realize that exporters will not allow oil prices to stay this low). This is it. This will be a great week. (Has anyone else noticed the XOI is flirting with new all time highs? Are institutional investors getting their feet wet with the big oil companies first, before jumping into the smaller faster growing service companies? I think so.)

Check out rgdoczzz.home.texas.net if you haven't been in a while, I've made some improvements. I'm in the process of making the charts smaller & quicker to download, easier to print. Plus the background is a little darker, so you won't burn your retina as quickly.