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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%4:00 PM EST

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To: James F. Hopkins who wrote (3886)1/13/1999 1:58:00 PM
From: epicure  Read Replies (1) of 99985
 
I agree with you about the risks. I know the rig count is way down. They have been discussing that on the Strictly Drillers thread. I would suggest though, that the drillers are an area that actually has value...maybe, as opposed to the rest of the market which is mostly grossly overvalued. I suspect that is why Soros has bought into flc. But I note your concerns and I agree with them.
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