Friday, December 28, 2007

TTES added to my watch list

Point and figure charts signals bullish sector for oil services. I plan to take a position in TTES soon. I am also considering an ETF:OIL Service HOLDRS Tr. I am watching distribution days for broad markets with concern but I remain bullish for oil services, precious metal stocks and gold. Today the Gold/XAU Ratio is 4.76. Gold closed up $11. I look for gold stocks to break out soon.




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