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: Teddy who wrote (20252)	4/24/1998 12:05:00 PM
From: Thean	Read Replies (4) of 95453

Very interesting about people turning negative on NE. What happen to those buy and hold theory? Can't NE even stand up to ride this turbulence? Anyway, we are in the process of correction. Whether they will correct any more than 10% we will soon find out. Ron - what would your early sell stochastics say this time. Today is the third day from the pivot high for a lot of drillers right? We probably need a full week before they retrace back to the 20% line. Update us this weekend.

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