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

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To: Lois R who wrote (8425)1/16/1998 10:41:00 AM
From: John Peterson  Read Replies (1) of 95453
 
I saw PEngr's call on the downside risk of all drillers and Oil service stocks. I am worried about CDG, PTEN and MAVK. What is the consensus here?

I am a short-term investor and all 3 seem to be in a definite downtrend. Good results didn't do anything to MAVK and I don't think that good results would do anything for CDG or PTEN. The whole sector has to do a turnaround before they start riding to new highs. To me March seems to be a good month to get in more and more.

Your thoughts - Glen, MikeS, HH, everybody

John.
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