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

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To: BigBull who wrote (49739)8/23/1999 3:57:00 PM
From: marc chatman  Read Replies (1) of 95453
 
I would guess it's some big money buy programs which came in at the end of the day. Every book I've ever read on investing and trading says the amateurs buy at the open, and the pros buy at the close.

The question I have is whether the money coming in is looking to goose the OSX short term (catch the shorts napping) or whether it is looking to ride these stocks up longer term. I have no idea. Any market pros out there who could clue me in?
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