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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: double-plus-good who wrote (47775)7/12/1999 12:28:00 AM
From: The Ox  Read Replies (1) | Respond to of 95453
 
APC seems to be lagging lately. Not sure that it's ready to move in the immediate future but at some point it should find it's way back over $40, especially with oil prices around $20/WTI.

I'm not sure how current the data is on the below links.

Here's a link of Oil Services stocks ranked by Market Cap. I think it's a nice guide. stocksheet.com

Oil+Gas Drilling stocks ranked by Market cap
stocksheet.com

Independent Oil+Gas by Mkt cap
stocksheet.com



To: double-plus-good who wrote (47775)7/12/1999 12:41:00 AM
From: The Ox  Respond to of 95453
 
With such weak volume on CDIS, I find it hard to get a good read. The trend has a slightly upward bias but really looks to me more like a continuing consolidating pattern. I don't follow the company so it's hard for me to comment with authority. The stock has spent almost a month in the current pattern. The retracement from above 31.5 down to 29.25 looked pretty orderly (for the light volume) and could be healthy action for the "next leg up", as you put it. Not sure I'd want to commit too heavily until this pattern is broken, up or down.

I'm not sure if this helps <vbg> but it's my short term read....

Good luck,
Michael