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: Judy who wrote (3961)	11/30/1997 12:37:00 PM
From: Alias Shrugged	Read Replies (2) of 95453

Hi Judy! Read your post to me and the subsequent responses from the thread. Yikes!! Some of us appear a liitle on edge. Can you tell we are pretty beat up over here?!?! Oh well, in times like these, a glass of wine is just the ticket (am having a glass of Bordeaux). I will look into the recent stock rotation of Fidelity Select Energy Services - although isn't there quite a time lag between their buys/sells and when it is reported? It is a bit disconcerting to think that, although the momentum guys have fled, prices are still too high for the value players to enter this sector. I hope that is not the case. Anyway, folks on this thread mainly pay attention to fundamentals. So, based upon your experience, at what point did the stock prices in this sector surge beyond the point justified by the fundamentals? (uhh, this might just be my way of asking you what a "bull channel" is!). Enjoy your holiday! GENERAL COMMENT TO THREAD: Judy is an experienced investor/trader, is not usually on the short side, and does not post for the sake of tweaking/agitating folks invested in sectors experiencing downdrafts.

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