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


To: lorrie coey who wrote (50785)9/9/1999 6:38:00 PM
From: IndioBlues  Read Replies (1) | Respond to of 95453
 
Lorrie, the support is not all that strong at 12 but enough to pause a slow leak and give you a chance to get out if you want. If something dramatic happens, (e.g., OPEC compliance tails off)every driller in this sector is going to get hit hard and fast. Technical support won't materialize until 15-20% or so gets run off.