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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (25239)7/7/1998 3:58:00 PM
From: marc chatman  Read Replies (1) of 95453
 
<<next moves are ones I hope I'll never have to make --- final buys will be : EVI @ $29, FGII @ $24, CDG @ $25, maybe RIG $38-9 and I'll be done.>>

Unfortunately, I think the question is "when" not "whether." And the answer is "it shouldn't be long now." I think we have a new candidate for all-time worst day in this sector. Again, the shorts have no fear -- no attempt to cover. I guess they are figuring the API numbers will be bad and the sector will open down. On the bright side, perhaps some of them will take some profits after the initial drop.
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