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.

Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company -- Ignore unavailable to you. Want to Upgrade?

To: ramcc54 who wrote (109)	1/30/1999 6:04:00 AM
From: Mike Harvey	Read Replies (1) \| Respond to of 216

Maybe the upturn is at hand. Fri a bullish engulfing pattern for SLB. A good day Mon would confirm a reversal. Good sector support, too; OSX did an about face around mid-day, and for once didn't deflate by the close. BHI and HAL closed strongly. While 1 day does not a trend make, it's an encouraging sign. Also, take a look at the weekly OSX chart. You could make the case that there's a septuple bottom in place, dating back to last August. I've never seen that many tests before.