|
level they have been
unable to overcome. We are looking for this sector
to turn down shortly.
Thursday, December 21, 2000:
Overall market buy.
Monday, December 18, 2000: After
a sell call on oil services last Wednesday,
stocks in this sector proceeded to drop, but
have come back to those levels. We got a
follow-up sell today, with bearish signals on
all but one of the oil services stocks we
follow, and expect to see these prices turning
back down.
Wednesday, December 13, 2000: We
got a weak sell on the oil services sector. With
bearish signals on 80+% of the stocks we track
in this industry all coming yesterday, that is
enough to warn that the sector is headed lower,
at least temporarily. We also got a bearish
signal on the index for that sector today.
· November
2000
· October
2000
·
September
2000
·
August
2000
·
July
2000
|
