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

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To: Czechsinthemail who wrote (6619)1/5/1998 2:06:00 PM
From: The Jedi  Read Replies (1) of 95453
 
I am with you on the fundamentals. Fundamentally I am bullish on this sector (nothing like strong earnings, better than most techs banks etc), technically I am short to medium term bearish.

I just find it amusing that a lot of knowlegable people here would trade other sectors on a technical basis but are blind sided fundamentally not to see that there is a technical correction going on which has to see a bottom forming probably for another few weeks or at least as long as near term oil futures are going down.
Kiri
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