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

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To: Thean who wrote (3072)11/18/1997 1:39:00 PM
From: Redman  Read Replies (5) of 95453
 
As I have no technical analysis experience, I would very much like any comments on the current charts of the overall oil service sector, MAVK and GIFI. MAVK and GIFI have fallen much more that the rest, and I am strongly considering doubling my position in both down here. Both can move to the upside very strong and quickly, so I am curious if anybody else feels we are at or very near the bottom.

Any comments are appreciated as I am considering pulling the trigger towards the end of the close.

Thanks in advance,

red
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