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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: The Perfect Hedge who wrote (4930)12/12/1997 12:00:00 PM
From: Thean  Read Replies (2) of 95453
 
GD, the drillers are inching closer to the their recent lows, and thus support now. They are following the overall market pretty closely. As the techs continue to deteriorate, the drillers seem to follow. At some point, a divergence has got to occur because the fundamentals are way way different. Some techs blows through their supports like there isn't one. Some majors still have a way to go. CSCO and MSFT are still very inflated. Hope Bry get out of techs before their recent tumbling.
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