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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Trey McAtee who wrote (40096)	10/16/1998 4:55:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Trey, Long term? Well for me that can be about 4 hours.<g> Oils are extremely oversold so they were due for a rally with a short squeeze to boot. As far as long term, not really. Supply greater than demand problem. If you don't like MU you certainly won't like oils. Oils are just volatile stocks with high volume that are good for trading right now. I guess they are good as a commodity stock for protection of your core account against crises' like mid-east and like. Then nibble at SLB under 45, GLM and RDC under 10. Good Luck DavidG