GOOG I-Watch

7/26/2006

OIH


These drillers are overheating fast (again) after that break below the line just 4 days ago. Yes, it was bearish and still is unless oil can set a new high and fast.

1 Comments:

Blogger Tequity said...

Oil may set a new record on news of the most significant supply disruption in recent months. But the OIH isn't budging. Still bearish on this outlook unless some volume shows up soon.

8/07/2006 11:40 AM  

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