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: Platter who wrote (32709)	12/10/1998 3:07:00 PM
From: marc chatman	Read Replies (2) of 95453

<<Traders are saying that funds flowing out of overbought techs and Internet and into Oil drillers!>> O.K. I'll be sure to buy then. <g> Volume and price action are pretty average for a day where funds are flowing into the sector. But let's assume for the sake of argument that "traders" have been saying this. Why would they make such a statement unless they were trying to create a spike into which they can sell?

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