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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: The Perfect Hedge who wrote (5159)12/15/1997 11:27:00 AM
From: bw  Read Replies (1) of 95453
 
Some encouraging news..We are already down so much for the day, chances are we will at least see a rebound on the intraday charts soon. One thing about the drillers...they drop like lead balloons, but almost always confine their daily losses to the current range [today classified as the panic range]. Unfortunately..no more cash available to scoop-up extra bargains this morning.
Also, "PEngr" over on the Motley Fool boards [great track record]..has put out buy ranges as of Friday on these stocks:
BDI 16-17
CDG 50-52
DO 45-46
ESV 32-33
FLC 30-32
GLM 24-26
NE 27-29
NBR 30-31
PTEN 33-35
RDC 31-33
RIG 43,5-45
UTI 24.5-27
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