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: Bazmataz who wrote (18228)	4/6/1998 8:56:00 PM
From: Thean	Read Replies (2) of 95453

Baz, I think the ESV news should be unfavorable to RDC because of their 2 gorilla leverage in spite of their water depth difference. GLM on the other hand has a lower beta so on a percentage basis they may not be as bad if the street decides to trash them tomorrow. I hope oil can perk up overnight so that I can get rid of my only driller NBR tomorrow morning without too much of a loss. My next purchase will depend on the relative size of correction for the deep, shallow and land drillers and some technical factors such as support levels etc. It likely will not be a land because I'm not going to hold them over the earning period which begins next week. Check out Ron's stochastics and BB. I'll let Ron do the talking here, if he wants to talk. NucTrader - thanks for your gold suggestions. Yes, me too am watching NE and see how it tread with respect to its technicals. It has some amazing strength lately. If it breaks key support, look for how it trades relative to FLC. Buy the cheaper of the two and you won't go wrong after the correction, if any. Papaya - when did you get the ESV insider trading info and how?

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