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

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To: excardog who wrote (81069)12/8/2000 3:59:37 PM
From: Minos  Read Replies (1) of 95453
 
Some very large volume on RIG calls today...Jan40s. RIGAH

FWIW...I bought a bit of FLC today. And yes, as jim p so eloquently put it...I do need my head examined as I still hold some FLC from way back. What can I say...I'm a round-trip type of guy.

Looks to me like the market is telling us the land drillers are in the sweet spot. UTI has been an absolute rock. NBR not all that far from 52 week high. PTEN also has been holding its own.

-Minos
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