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: marc chatman who wrote (12878)	2/26/1998 12:04:00 PM
From: Thean	Read Replies (2) of 95453

The drillers gapped up and managed to hold so far. There were people selling into strength as crude softened from its intraday high. If we can close on a positive note and so does crude, I expect a follow through tomorrow. However, tomorrow is Friday and oil traders may be too nervous to hold their tickets through the weekend. We will see. Ron - be corky. You should have a short term crude chart TA page. As far as I'm concerned, that is the only indicator I need to trade the drillers on these days. Lisa - maybe you should consider a trip to see Sadam to give him some personal energy investment lessons. Why bother with playing the cat and mouse game with the US? He could have raised more cash by playing the energy market.

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