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.
Friday, December 28, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment