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

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To: Think4Yourself who wrote (64479)4/13/2000 11:15:00 AM
From: SliderOnTheBlack  Read Replies (2) of 95453
 
FGH technicals - "OBV" signaling a breakout here ?

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OBV often leads the breakout moves - signals that possibility strongly here. Would like to see $7 3/8ths-ish today & $8 broken thru mon-tues next week.

...love the technicals and all they need to do is announce a TDW-esque contract & off to the races...

Still don't see $30-$40 FGH again without offshore rig newbuilds - but, conceed that a repair, refurb - retro-fit mode of the cycle could support mid-high teens - and I can live with a double+ here shortly.

KEG ? - maybe it has too many "tech-owners" - selling their winners (keg) to meet tech margin calls (VBG) ?
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