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dennis feidner wrote:
>
> Does anyone follow TX(Texaco) if so what do you see for the short
> term, shorted on Friday looks like downtrend will continue any
> opinions
>
I don't follow TX but I do play XON exxon. I've haven't played it for a
little while because, of the problems in the middle east. If I remember
correctly back when the US attacked Iraq, oil stocks dropped and oil
futures went high.
Xon has been channeling between 60-65, for a little while now. Now its
about 59?? I'm still staying on the sidelines with this sector.
Joe Frabosilio
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