Oil Industry Shares

Earlier I suggested that we were in a short term broadly-based market correction. However, when I look out to the longer term, my unique price momentum models suggest that companies in the oil and gas industry should do well in spite of the short term correction. A sampling would include CVX, APC, BR, BHI, BJS, and HAL. I'm sure there are many others as well.

Share prices for companies in strong underlying uptrends tend to go sideways during general market corrections.