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

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To: SargeK who wrote (55560)12/28/1999 9:40:00 AM
From: SargeK  Read Replies (1) of 95453
 
Supply(Selling)/Demand(Buying) Equation has shifted for FGH!

With only a few more days of tax-selling remaining, it appears that Bargain Hunters and buying support from Longs (who are now reestablishing positions)relinquished last month for the '99 deduction are meeting the challenge of last minute tax sellers.

It also appears that 6 5/16 all time low set on Dec 23rd quote.yahoo.com marks the turning point and the current up trend may be the precursor of much stronger trend which may generally be expected to begin next week. While the demand(buying) side might be expected to continue its current pace the opposite may be true on the supply/(selling) side of the equation. WHY would anyone with thoughts of selling wait until January to do so, when prospects for the company are generally expected to improve with the beginning of the New Year. FGH/IR says inquiries are booming and other issues which have clouded the company for months are generally expected to be resolved over the next few weeks including expected NEW ORDERs next month.

O/T Slider is now posting from the galley on the "Good Ship Lollypop" and as usual he is carrying on a conversation with himself. This depraved maniacal tyrant (so revered on this message board) went so far as to use the name of my son Keith as one of his Yahoo aliases in his continuing ridiculous personal assaults. This Boiler Room manipulator will stop at nothing. You want him, you got him!
messages.yahoo.com

My Yahoo FGH message Count indicator appears to be cooling down. Average daily posts since the beginning of the message board is 46.6. The 3 DMA ending Dec 23rd of 160 declined to yesterday?s number posted of only 113 (single day). This suggests that employers of Slider/Artic7 (Boiler Room) etal, have secured their positions and posts will either abate further or turn BULLISH (with new identities) with the New Year. FWIW

Happy New Year and Good Luck and Fortune to all.

SargeK
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