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

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To: Broken_Clock who wrote (10419)2/3/1998 9:04:00 AM
From: SJS  Read Replies (1) of 95453
 
Dave,

No, I don't see much more downside, but my butt is sore from scraping the bottom for so long.

The reason we had fractional gains is ONLY because of the "sonic boom" of all the other sectors and indexes. We got a mere trickle of money. On an average up day, we'd be down some more. On a down day, we'd be into point size losses.

Your volume number and analysis is encouraging. Oil didn't get hurt so bad yesterday, so I guess we are more tied to oil than people want to admit.

Maybe today with be better.
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