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the 50-day and 200-day moving averages as well
as a rising trend line, gives us a buy on this
sector, which is down about 7% since our sell at
the end of December.
Wednesday, February 7, 2001:
Sell. The oil services sector has moved to
within about 3-4% of its highs, and several of
the individual stocks are already sitting at all
time highs. With bearish signals on all
of the stocks that we follow in this industry
(85% of which came today), we believe this
sector will be turning down shortly, in
opposition to much of the other expected
movement in tech sectors.
· March
2001
· January
2001
·
December
2000
·
November
2000
·
October
2000
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