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

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To: SliderOnTheBlack who wrote (58410)1/13/2000 12:24:00 PM
From: ItsAllCyclical  Read Replies (2) of 95453
 
Slider, great post (SLMAO). Regarding FGH: I think the way to play is to ignore most of the noise and focus exclusively on the technicals. I'd like to see it base for at least 2 months if not 3 before I'd consider it. There may be some blips along the way, but you're better off ignoring them (or trading them). I would defer to Gary B on when to buy FGH for the long term.

Shorts will be all over this puppy on any bounce. Ingore the news...watch the tape.

Normally I would not say this. But there are so many question marks right now regarding FGH that I think that this is the safest play. News often gets leaked and the tape most accurately reflects this.
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