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: John Doyle who wrote (45148)	5/20/1999 6:37:00 PM
From: BigBull	Read Replies (2) of 95453

Sell? "Not I", said the little red hen. So John, what really happened with FLC today - almost nothing. They've thrown the kitchen sink, the stove, the refrigerator, the color tv, and the living room furniture at FLC and what happens - down 25 cents. Wow! And after all that doomsday verbiage on the thread, CNBC, and in TheStreet.com too. All that really happened was that the stock went down to it's 200 dma and bounced with a typical reversal. What I can't understand is why no one wants to comment on the incredible resiliency of this stock in the face of devastatingly bad news. Hmmmm. Why wasn't this stock absolutely annihilated today? Why isn't this stock trading at $7 as of todays close? Interesting questions, don't you think?! Bulls Asia Journal: In case any one is still even marginally interested in the "big picture". afr.com.au koreatimes.co.kr scmp.com

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