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


To: Broken_Clock who wrote (24137)6/15/1998 2:02:00 PM
From: Judy  Read Replies (3) | Respond to of 95453
 
PK, I'm watching for the price of crude to complete a double bottom, a formation that normally takes 6-9 months to complete. While it may be possible for oil to enter a secular bear market, I have been averaging down on the drillers via Fidelity Select Energy Services so this is great. Fully expect SLB to revist 65ish.