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: Broken_Clock who wrote (23457)	6/4/1998 9:13:00 PM
From: NucTrader	Read Replies (1) of 95453

>>money is flowing into the most solid companies today<< Hmmmmmm......Well, not my money, not right now. EVI's O.K. but I think RDC has been and is a loser - maybe not FA wise or even TA wise, but by that final measure, performance. I'm headed to Toronto for a week and will reassess when I return. Maybe they'll all be $15 a share higher. If so, I will be a little sadder for missing the boat, but will be happy for those who had the foresight [and guts!] to buy here. Yes, I will admit I've been sorely tempted by FGII and CDG, but, aside from FGII a lot of these companies have broken 200 day support to the downside, and those lines may now act as resistance. Plus the tone of the overall market doesn't look good to me and I worry about a downturn which whacks good bargains as well as no bargains. Good Luck!

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