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Strategies & Market Trends : Three Amigos Stock Thread

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To: Cary C who wrote (6096)	6/17/1998 9:30:00 AM
From: ChrisJP	Read Replies (1) of 29382

Hi Cary, I've been watching KEG too. If I ever buy oil drillers/services, it will be on my list. Others to consider when the time is right include PKD, PESC, GW, and maybe even NORT. The big question is when will be the right time to buy ? Oil is at an almost historic low (in real dollar terms), yet these stocks have not even hit 52-week lows (OK, so PKD hit a 52-week low). These stocks have yet to suffer, IMO, from the inevitable bad earnings that will come from the current environment. If you'd like an indicator of when to buy KEG, I recommend monitoring this url: biz.yahoo.com It sure told shareholders last year when to sell !!!!!!!! I would wait until it starts to show insider buys. Just my thoughts, Chris

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