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

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To: Think4Yourself who wrote (59358)1/28/2000 4:06:00 PM
From: Think4Yourself  Read Replies (1) of 95453
 
Well Slider, I saw an about change right after my comment about the UPR sell pressure. Buy orders started showing up strongly at 10 3/4, so took half a position at 10 13/16. By half a position I mean half the position I sold early this week at 12 1/2.

Still think the action in UPR was easily predicted by examining last quarters 10Q report.

Lots of selling in the final minutes accross the sector. Definitely some nervous individuals out there. Or perhaps it is the impending margin calls? Saw the same behavior the last time the techs tanked a few months ago.

Watching HAL closely here but not quite ready to buy at these prices. Hoping for sub $33...
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