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

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To: PartyTime who wrote (14594)3/12/1998 12:09:00 PM
From: marc chatman  Read Replies (2) of 95453
 
To anyone watching RIG, this to me looks like the strongest of the drillers by far again today. It seems as though buyers just wait every day to see where the index starts to bounce and come pouring into RIG. Some serious accumulation.

RIG did pierce momentarily through its 50 and 200 day ema, though, and broke what appeared to be strong support at 44.
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