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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: RGinPG who wrote (32315)12/1/1998 3:08:00 PM
From: Fredman  Read Replies (1) of 95453
 
I think most of it depends on how long-term their drilling contracts are for, to whom, and where they are working. You and I both know the Oils don't spike like the Techstocks do, but a lot of other people don't, and they get pissed when they cannot get 20% in a week. I AM surprised the Institutional buyers are not jumping in (yet) - perhaps they are waiting for 'the bottom' - wherever that may be ?
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