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


To: Thean who wrote (2920)11/13/1997 2:39:00 PM
From: SJS  Respond to of 95453
 
Rebounding quite nicely, huge blocks being traded. This is not little stuff either. Obviously, institutions are going at it. NE has some blocks like 50K shares, 28K shares, 35K shares.

GLM too. RON rebounded from 64 right back to 70. RON, by the way, was FSESX's largest holding in their last reporting period dated 8/31/97.



To: Thean who wrote (2920)11/13/1997 3:24:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 95453
 
Thean,
Do you think we saw a bottom today in the oils service stocks.CNBC is searching for an explanation to the sell off but they can't figure it out.Any thoughts?GD



To: Thean who wrote (2920)11/13/1997 4:58:00 PM
From: Lucretius  Read Replies (1) | Respond to of 95453
 
Thean, this is what I was talking about, these stocks hit support today and you got enormous volume on the rebound. There were just too many S-T bears out there. Good luck on you new positions. I was in buying calls on my old standby---NE!

-Lucretius



To: Thean who wrote (2920)11/13/1997 5:10:00 PM
From: JGreg  Read Replies (2) | Respond to of 95453
 
You guys are unbelieveable! Buying mdco at 24 and 25! I'm stuck with mdco at 31. I started to take a small loss a couple days ago to position myself for a coming down turn but didn't have the courage to take the loss. Well, shoot! :( I'm glad you all were so successful.