Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (56491)	12/8/1999 3:56:00 PM
From: ItsAllCyclical	Read Replies (2) of 95453

Slider, your comments about here's why we rallied... At this point I don't think it's "news" related. We've been trading lower on all sorts of good news. Everyone was waiting for an interday reversal to jump on board again. They finally got a chance to jump in cheap on really bad API's. Imho it's still about momentum with fundamentals as a distant backdrop and technicals in the foreground. Very much respect your opinion, just respectfully disagree that's it's anything "news" related... The fact that we ignored bad news is THE NEWS imo. We still need to follow this rally up tomorrow. If we fail and go lower I'll be very disheartened. Still the 1st 2 minutes of the ball game.

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