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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (20841)3/26/2003 12:42:03 PM
From: quehubo  Read Replies (1) | Respond to of 206131
 
Ed - Did you see that? 1,000 RIGS just to stay even with demand. Let the wealth transfer begin from the E&P's to the drillers / service companies.

I just reloaded a bit of NBR on margin with about 1/3 deployed.

We need builds of about 10 mb per week to get to the bottom end of the normal range in about 10 weeks. Today was not much of a move in that direction.