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

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To: John Doyle who wrote (46790)6/23/1999 12:02:00 PM
From: oilbabe  Read Replies (2) of 95453
 
IMHO this is a false rally, and we are going lower. It feels heavy and the early rallies were sold into immediately. When the rally isn't sustainable on good news like last night's numbers, that tells you something. I got out of RIG this am with a little profit, and am on the sidelines for now. I think the risk is greater to the downside.
JMHO
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