Sunday, July 23, 2006

Oversold Oil Service Stocks (HAL) (SLB)

I sold Halliburton (HAL) a while back. It is now time to revisit Halliburton. I would buy Halliburton or Schlumberger Limited (SLB) on Monday for a SHORT TERM TRADE. For those who want more risk I would buy calls. The fundamentals are great at both companies and the charts (full stochastics) are pointing to oversold levels. The down volume on both stocks is a concern.

Note: Invest at your own risk. This is not advice.


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