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


To: Thean who wrote (2715)11/4/1997 8:53:00 PM
From: bw  Respond to of 95453
 
Thean..I'm still inclined towards cash at the end of the day. This week has been great for day-trading..On Monday took the ride up & sold GW, then sold PDE today for a nice gain. Will watch CKH like a hawk, and try to limit losses should a major downturn hit the sector. CKH is also coming in with a very good beta, which might help steady the ride & it's still trading off the 52 week high....
Good luck to all



To: Thean who wrote (2715)11/4/1997 9:13:00 PM
From: Broken_Clock  Respond to of 95453
 
Thean, there are several TA predictions of general DOW down ending this week also.

Here's one interesting forecasting site:
pei-intl.com

BTW, does anyone have(previous link perhaps) a breakdown of the water drillers with the following info:
#of rigs by category(deepwater, jack-up, etc.)
#of rigs under construction
#of rigs contracted, length of contract



To: Thean who wrote (2715)11/4/1997 10:18:00 PM
From: Jeffrey Beckman  Read Replies (3) | Respond to of 95453
 
Thean, Regarding PDS, VectorVest put out a Sell rec. on it a couple of days ago, the only one for a major driller. They site poor numbers for timing, although they rate it highly overall. The current listing has 13 of "our stocks" in the top 25,
including #1 TDW, #3KEG, #4 CDG, #7 RDC, #8 ESV, #9 MIND and #12 VRC. I suppose they'll lower ratings after any correction (g).

Anyway, do you see any other technical weakness for PDS. Didn't seem obvious today.

Thanks for your help,

Jeff



To: Thean who wrote (2715)11/4/1997 10:50:00 PM
From: Alias Shrugged  Read Replies (2) | Respond to of 95453
 
Thean

Thanks for th TA update.

How are you trading/investing these stocks?

Thanks

Mike