EDGE TRADER

Sunday, September 25, 2005

Watching this one

Here's an example of one of the stocks on my watchlist for tomorrow. The less than expected damage from Rita may push this and other oil service stocks downwards. This could be a nice entry point to buy on the pullback, provided it shows some strength at a resonable support point. Other stocks in the same scenario that come to mind are BHI or HAL. They are all NYSE traded stocks however, which I generally don't trade, but I may make an exception next week. GLBL interests me as well, but NOV seems really attractive based on a Business Week article I read a week ago.

2 Comments:

At 2:27 AM, Anonymous daytrading system said...

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At 1:42 AM, Blogger TradingCourses said...

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