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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: tdl4138 who wrote (31250)10/29/1998 1:18:00 PM
From: RGinPG  Read Replies (1) of 95453
 
Downgrades and upgrades are meaningless IMO except it does cause some short term moves. All these stocks go in the same direction pretty much at the same time. If the sector is coming down, RON is coming down too. Although it usually is not as volatile as most of the others I follow, so I expect it will fall less.

I used to think earnings estimates were important, but in this sector the estimates have lagged the stock price action by a month or so.

osxstocks.com
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