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

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To: SargeK who wrote (58165)1/8/2000 3:14:00 PM
From: Ditchdigger  Read Replies (1) of 95453
 
FGH signals..Appears to me,,it could simply be a one day wonder .Chart is now over extended and would be a risky buy here IMO.Look at how it was knocked down from this level in early Dec.If the OSX weakens(and I think it has made it's run),I would expect FGH to get whacked just as hard,if not more due to the flash move.Certainly there is no technical support for the move .Nope sorry,looks like a sucker buy here,IMHO,I would expect it to test 7.25 in short order,going back to the trading range,which is where it still is..DD
207.61.23.98

Need some confirmation of the move,,not sure I would consider RSI confiming it
equitytrader.com
Still looks weak when compared to others in the grouphttp://www.equitytrader.com/cgi/Issuetree.asp?issue=OILEQUIP
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