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Gold/Mining/Energy : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?

To: Doug Bean who wrote (881)7/7/1998 4:31:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 1305
 
we are at a double bottom, numerous oil stocks have not been holding their double bottoms.

I also am ready to take additional position, but not yet.

I think we will see UTI go below it's bottom, then wait for signs of buying, heavier volume, possibly on ut's at 12 (after it goes below 12) then watch the $OSX, if it is showing strength, which I would expect it will soon, then UTI becomes a buy.

Sue

Long UTI



To: Doug Bean who wrote (881)7/7/1998 6:10:00 PM
From: ENOTS  Read Replies (1) | Respond to of 1305
 
thats two of us i entered at 13......but won't buy more unless it gets to the 11 area! oil, which should not do that much to the stock, but does...and the nat gas has little effect...earnings will move it, if they are ok...so we wait...and hold on.. I see more weakness, and some more down movement!!!


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