Oil is In - MUR & FTI
Murphy Oil Corporation and FMC Technologies, both in the Oil Service Industry are showing good setups with great company fundamentals. In addition, institiutional funds are flowing into both companies, probably in anticipation of the winter heating season.
Some would argue not to have positions in more than one company in the same industry, but since these are my only two setups since purchasing HANS, I’m going to take a small position in each tomorrow morning and see what happens.
Suzanne @ November 7, 2007