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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Broken_Clock who wrote (22921)5/27/1998 6:02:00 PM
From: marc chatman  Read Replies (2) of 95453
 
PK, I'll have to take a closer look at the intra-day volumes, but I just took a look at the daily figures, and the overall daily volumes again were anemic. Only a few companies traded substantially more than their 30 day ave. vol. And of those, most were down a decent %. Possibly some short covering at the end of the day? That wouldn't be surprising with the market turning the way it did.

The watchword on the Street now seems to be safety. That's one word I wouldn't use to describe this sector.
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