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

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To: Think4Yourself who wrote (59996)2/9/2000 11:15:00 AM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
"Q" NBL EOG BR near last years prices -

Also, we did have a real nasty bottom in Jan last year, but we will be at the same prices on many issues come end of this month - compared to last Feb/early march - and maybe April.

PS I sure would have liked some SDC at $9 (VBG)... we won't retrace to VTS @$8, or $5 FLC, or anything close - but, BR NBL EOG at, a day away, or couple of bucks from lows; APA - in another day could be within $3 of its 52 week low - with their performance ??? BHI near last year, HAL not too far away

SFS had a nice earnings report - earnings are unrewarded for these guys - 7 PE?

Volume is not massive, but if many of these break technical levels - we could see high volume.

APA just had a 100K big block sell at $35 - makes no damn sense ? APA will see $50 by year end... what are these guys thinking ? - imho; it was a general fund that bought on all the great APA recommendations earlier - it has been soft - and they dump on no momenteum, regardless of the super upside expectations for the balance of the year... crazy imho..

We are in a momenteum world here... the energy speciality funds who do know the sector - have no reason to chase here - they all ready own lower, or are smart to see where prices go prior to OPEC announcing.

Awfully quiet today...(VBG).
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