November 23, 2005
Oil Services HOLDRS and Selected Component Stocks
The Oil Services HOLDRS made a new high yesterday. About three weeks ago I noted that SLB had broken out of a nice consolidation, and boldly stated that “the OIH hasn’t yet made a new high, but it will of course.” There’s no “of course” about it, of course, just a good guess. Schlumberger (SLB), Noble (NE), and Transocean (RIG) all made my Notable New Highs list yesterday.
“You can observe a lot just by watching.”
Cat: | Time: 12:00 pm (utc+8)
