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: Harold S. who wrote (19718)	4/20/1998 4:46:00 PM
From: waverider	Read Replies (2) of 95453

>>That is why it is called resistance<< Friends, today is a good example of why the long term hold strategy eventually pays off. It is impossible to predict market moves. It is only possible to find good companies and stick with 'em. No clue what will happen tomorrow, but it appears the trading range behavior that has been kind to traders in the past is coming to an end. Hang on and watch those 4 to 5 point gains turn into 8 to 10 point gains. Don't be greedy, but be realistic...these stocks are still excellent bargains. All the analysts and brokerage houses are starting to see the light and upgrades are coming our way. The last minute surge in FGII with the associated volume is very bullish. Don't forget the cost of travel to our rig party. You've got to stay with these stocks to at least cover that! And this does NOT include regaining your previous losses. You gotta make new gains. Santa is WATCHING! Good luck to all!

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