07/23/2015 – Schlumberger Limited
Issued: 06/23/2015
Schlumberger Limited, SLB:
1. In today’s (Tuesday, June 23) Williams edge stock meeting it was noted that Schlumberger Limited (then trading at $87.75) was an aggressive ‘Buy’ for an advance and test/attempt at $94.50 (or higher) into July 2015 (+1 month).
2. Additionally, the week of June 22 (this week) is the ‘on time’ weekly bottom for Schlumberger Limited which is further indication for a multiweek advance of the size and scope indicated above.
3. Aggressive logs should place a protective sell stop at $86.00 or slightly lower. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 07/23/2015
Schlumberger Limited, SLB:
1. Aggressive (only) longs in Schlumberger Limited based upon our Tuesday, June 23 Williams edge stock meeting were stopped out at $86.00 for a small loss on the position. Will message any further entry or indication in Schlumberger Limited.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.