Strictly: Drilling and oil-field services Message Board

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

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To: Lucretius who wrote (2577)	10/29/1997 10:53:00 PM
From: Velocipher.	Read Replies (1) of 95453

Lucretius, Everytime I have checked on NE recently it doesn't seem to hold any gains very well. I don't follow it trade by trade, but large blocks on the buy side are great, you just have to remember that there have to be sellers matched to these buyers. Recent announcements have failed to move the stock very much, maybe just bad timing with the rest of the market, I don't know. My philosophy with NE is to wait for the sizzle like Mike says. I'll give up a couple points to wait for a breakout then jump in. Usually I am able to see it coming and can get in just before. Until then I am having fun trading with FGII! Greg

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