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


To: Ms. X who wrote (16697)4/4/1999 2:17:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Great to see you back and digging around Princess...

And you seem to have caught up very quickly, but then we are use to that :-)

Read an opinion article in the Sunday morning paper giving reasons that oil will be a above $20 by years end and perhaps may top $30...

Time will tell, but that would take the oil and services stocks up like a rocket....at least for the short term....

As long as the price of oil climbs slowly, the increases should hold...but a rapid increase would more than likely leed to instability and as rapid decrease...

The Big Caps are still the winners for the past few weeks...

Watching those charts :-)

Later

Preston



To: Ms. X who wrote (16697)4/4/1999 2:26:00 PM
From: James Strauss  Read Replies (1) | Respond to of 34811
 
Jan:

Right on about the Oil Sector...

It has broken a long term downtrend trendline...
decisionpoint.com

Jim