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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (21179)5/24/1999 9:06:00 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
bb, any thoughts on going long the oil service companies? I am looking at SLB, RIG and Hal. Each appears to have put in a bottom



To: bobby beara who wrote (21179)5/27/1999 3:39:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
hi all,

did some daytrading today.. will be selling into the morning strong open (i hope).

take a look at this rolling stock : fannie mae (FNM)
looks nice.. now, rising interest rates will hurt this stock, so be sure to place stops. if you're savy, overlay the 30 yr bonds (TYX) and fannie mae. Notice that when the interest rates have inched up in the last 3 months, FNM has been in consolidation mode.

** this is not a recommendation to buy or sell. Just a stock that I am looking to share my technical thoughts on.