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: Tom DuBois who wrote (10867)	2/6/1998 3:27:00 PM
From: Thean	Read Replies (2) of 95453

Tom, why use the train? You should have said the plane took off for UFAB today. If it can close above $22 on good strength, then the base-building is complete and the sky is the limite. $19? Broke the first resistence, alright. The fabs are all very hot. They have not been going wrong for the past week. Until the mo-money shifts to the other segment, the fabs are going to fly. However, as with all fabs, they are technically overbought. But that does not mean they won't go higher. If this is your short term money that you are playing, place a stop here. If it is long term money, don't worry. Today is such a boring day. If nothing exciting happen for the next half hour, we will go into the weekend feeling directionless. Just took a peek at the score board. RIG is down and DO is down right now while others offshore drillers managed to hold their grounds. If RIG is announcing Monday monring before open, is this an early warning??? I have seen this before many times. Friday afternoon only add one more layer of suspense. Pay attention to the tick-by-tick on RIG till it close.

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