Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Bwe who wrote (7462)	9/19/1998 7:28:00 AM
From: Quest	Respond to of 34811

Bruce, Great post. Thanks. -Quest. eom

To: Bwe who wrote (7462)	9/19/1998 9:35:00 AM
From: Al Serrao	Respond to of 34811

Bruce, many thanks for your insights. I had the feeling this move was going to last a while. Best regards.

To: Bwe who wrote (7462)	9/19/1998 10:37:00 AM
From: Gottfried	Respond to of 34811

Bruce, thank you for the crude PnF interpretation! Gottfried [end]

To: Bwe who wrote (7462)	9/19/1998 4:23:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 34811

Bruce- Can you take a look at NKE for me... Much appreciated... B

To: Bwe who wrote (7462)	9/19/1998 10:06:00 PM
From: Aggie	Respond to of 34811

So....what's the concensus then, on the Oil Service Sector? We seem to be drifting from a position of "still a ways to go" to "time to buy". Myself, I have bought. I think we are close enough to the bottom that further delay will be costly. I look at the driller's situation in SE Asia - with floating rigs stacked up in Singapore, doom and gloom the flavor of the day...but, aside from these rigs, I also see ambitious shipyard programs for upgrades and a respectable amount of drilling activity next year in Indonesia, the basket case of SE Asia, both for exploration, but also a fair amount of development. So for my money, the bottom has arrived and moved on, we are on the upside now. Good luck to all. Aggie