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

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To: marc chatman who wrote (12542)2/23/1998 10:30:00 AM
From: Broken_Clock  Read Replies (2) of 95453
 
Considering how bad the news was today, it's not like it was a total surprise. We Should have been going up a week ago based on earnings and got derailed by the Sadam thing. I can't envision anything else that could come out and blast this sector unless it was sell downgrades. Funny thing tho, we've had the opposite, upgrades for 3-4 weeks now. Even tho there is overall selling, I think anyone who's been here over the last three months could say with conviction,"I've seen a lot worse." I was expecting to test the Jan lows right off the bat and we haven't so some one thinks there is value here.

PK
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