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: SJS who wrote (20075)	4/22/1998 9:30:00 PM
From: Thean	Read Replies (1) of 95453

The drillers are poised for a short term pullback and we should use this pullback as buying opportunities. I notice how certain stocks which underperformed lately have moved up while the early leaders are taking pauses. This is yet another sign of mo-mo entering the playing field and pick up anything they think haven't moved. Those who were on the joy ride from April to Oct last year know what I'm talking about. Last night I listed a few laggards that have not moved, I believe I list them as GW, BDI, PKD, NBR, ESV and PDE. Other than PKD and NBR, all have made very nice move today while OSX moves down. My short term land driller pick going forward is GW. Today it received a boost from S&P which gave them a favorable rating and writeup on their debt rating. The wolf will howl..., till 5'O clock if you know what I mean. Then I'll take whatever CC premium they offer for the May expiration.

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