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


To: E. Graphs who wrote (30800)10/16/1998 2:00:00 PM
From: DavidG  Read Replies (1) | Respond to of 95453
 
E!

I am expecting this rally to falter also. Had a bunch of SLBAJ calls I bought on the cheap and unloaded today. Holding on to SLBAK's for a little higher movement around the 52 point. Also I am expecting GLM and RDC to touch 12 before the oils cave in and retest their lows.
SLB is my favorite right now for trading. Also HAL but last week it got away from me. Both SLB and HAL move nice and fast.

Also I am expecting MU to break 35 but not right yet. Maybe latter part of next week or the following week. I just day trade it right now for fractions of points.

I don't see the DOW, NAS and SOX breaking below their lows but then ...well I hope not...I usually get caught with something that burns me<g>

Good Luck Trading

DavidG



To: E. Graphs who wrote (30800)10/16/1998 2:29:00 PM
From: DavidG  Respond to of 95453
 
E! or anyone,

Oil stocks are making a run again. Does anyone have any news on sector?

TIA

DavidG