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

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To: SliderOnTheBlack who wrote (52374)10/5/1999 8:39:00 AM
From: in_outdaily  Read Replies (1) of 95453
 
MDR looks poised to move up.

I filtered Time/Sales and noticed that big block sells have tailed off since the end of the month. In the first 2 trading days this month, most block transactions appear to be buys.

The last time MDR was in 19/20 land (FEB 99), it spent 10 trading days in this range before moving up sharply. The time before (Sept 98) it briefly dropped below 19 for 2 or 3 days.

Currently MDR has been in the 19/20 range for the past 6 trading days; STO and MACD appear favorable.

Was yesterday's positive move just in sympathy with the general market?

Anyone see something I'm missing?

Bill
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