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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: DavidG who wrote (30890)10/19/1998 5:11:00 PM
From: E. Graphs  Read Replies (1) of 95453
 
DavidG,

Wow, everything is at support.....it's a Mexican standoff. <g>

SLB seems to march to a different drum (I haven't been watching it as closely as you have, but I think you have a reasonable chance of filling that gap).....there's also a gap on SII at ~22 1/4 (but that looks like more of a long shot to me)......the rest look stubborn....hope they just sit there. Gold pulling back, too......stocks like HM PDG also at support. I expect some real resistance to Naz ~1650/1700 INDU ~8500/8700 .....we'll see.

[OT]

Interestingly, INTC closed at 85.....yet another standoff!
Little trades took it to 85 1/8 after market.....whereas bigger trades (21,500 and 10,000) took FLC to support at the end of the day.....just an observation.

E!
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