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

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To: Thean who wrote (13387)3/3/1998 1:03:00 PM
From: Broken_Clock  Read Replies (1) of 95453
 
Thean-
Who was that guy about 5,000 posts ago? remember the one that was basically blasted off the thread with his "sector rotation theory". He made a believer out of me.<<g>>

We've had every shread of news both pro and con come out on these stocks. Oil is still down but APPEARSto have bottomed. IMO the main reason we went down was due to the mass short selling. That also seems to go in a sector rotation. My theory is that there is a club in New York where the fundies hang out. They sit arounfd and have a few drinks and decide which sector to pump or dump<<g>>Maybe not so farfetched.

It is very strange that SLB has been left out today. I would like to see the end of day surge in that stock for confirmation. SLB should be at 80 today, minimum.
PK
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