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

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To: johny who wrote (3186)11/19/1997 12:41:00 PM
From: Tom L. French  Read Replies (1) of 95453
 
johny

I don't know anything about BDI. Was the IPO Nov 3? If so the chart goes one way, down. High volume this morning pushed it down, not up. Buying now, IMHO, is hoping for a move up. I'd wait for evidence of buying interest, like some disipation of selling pressure, then up volume with an up move, at the very least. But others here know more than I about this sector; maybe you can base your decison on the sector, or what you know about the company.

Good trading!
TomLF
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