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

To: terry stromquist who wrote (3945)	11/29/1997 1:21:00 AM
From: The Perfect Hedge	Respond to of 95453

My chart shows stochs way oversold but no buy signal yet.CCI is o/s and all other ta indicators look very bearish.One good day will turn this sucker around but there's no sign of it yet.If I like a stock alot then I would buy at this level where it looks so bad that it can't get any worse so that I'm in at a really low low level and not waiting for a couple of points up.The danger is it could fall more and alot more but if your a believer than I'd go for it.I love getting stocks at rock bottom prices.I don't know much about CDG except that they drill.The equipment stocks seem to be moving up quicker than the drillers(EVI and RON to name a couple).I have gotten buy signals on those but no drillers yet.If I had more $ I'd be blanketing the sector,I expect a move up soon.GD