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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (60010)2/9/2000 1:01:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
XTO broke 8, FST breaking 8. Sign of things to come?

XTO just broke 8 and a 20K sell block went off at 7 3/4. When you get technical breakdowns such as these valuation and rationality go out the window as they did with BSNX. We could very easily see XTO sub 7's, PXD sub 7, etc.

I'd be spacing buy orders out by more than 1/4 point. Make them count.
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