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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (312)5/18/1998 4:11:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 14427
 
Thean, I am using a combo....I give most weight to support/resistance. Another good indicator is the bull/bear ratio on Stictly Drillers. The "new high" contest a week ago was a loud warning bell. Interesting side note... quite a few lesser followed stocks in the oil sector were heading up since way back in Jan. The drillers were up/down alot but check out EGEO, GLBL, etc. MDCO was more of an exception rather than the norm for the drillers.

EDIT:
Check out the end of day action on SDC. The seller waited till he had a little bit of strngth at the end then he/she dumped 50k....
iqc.com

DO had the same action