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: Bo Bob Brain who wrote (7732)	1/12/1998 8:03:00 PM
From: Czechsinthemail	Read Replies (1) of 95453

<The trend is clearly to the downside. Maybe not so clear. It depends on which trend you're talking about. The long term trend looks pretty strong to the upside. That's why it's always uncertain when trends will suddenly end and reverse direction. Given the strong fundamental prospects that will be getting strong press through the earnings announcements, I would be reluctant to try making money by selling these companies anywhere near these prices. The selling momentum has been strong, but then again that's what makes oversold markets. Good luck, Baird

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