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

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To: Thean who wrote (6322)12/31/1997 4:44:00 AM
From: DNaber  Read Replies (1) of 95453
 
Thean and all, Thanks for all the great knowledge sharing and happy New Year! I've learned more about a industry following this and MF's board in the last 2 months than ever before! Yesterday was a good day....I went into the green on my drillers (currently BDI and UTI). The humor and support during the last few weeks, in the midst of the carnage, was appreciated. I realize we are not out of the big, scary dark forest yet....and that the sector will continue to see volatility....but the continuing pounding of this sectors strong fundamentals into my pea brain helped me to keep faith in my investments. A couple of questions; 1) Where can I find the components and weightings of the the $osx.x? and 2) Reference BB's and upper ranges- What's the short term for UTI and BDI-i.e. At what point does UTI and BDI become overextended near term? Seeing I'm only in two land drillers at this point- considering lightening up there and moving into some others (such as NE and MAVK). Thanks again. Dave
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