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

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To: Ms. X who wrote (10347)2/2/1998 12:18:00 PM
From: RGinPG  Read Replies (1) of 95453
 
If the rest of the market wasn't so strong, I would say the action in this sector was VERY bullish. But I think that maybe the only thing keeping the stocks from falling significantly is the overall positive trading in the market today. Maybe if we get enough bullish setiment, investors will actually look to this sector for VALUE to go along with the junk in the S&P500. I could not get any sort of feel as to where we are going from here by looking at the charts. Flat, slightly lower, or higer action is definitely positive. This is one of those times where I don't know what is happening RIGHT NOW.
Is the price of oil dragging us down today? Glen, help me out.
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