Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lucretius who wrote (3996)	11/30/1997 2:49:00 PM
From: The Perfect Hedge	Respond to of 95453

A technical look at the sector:I like all the bearish remarks on the thread.I am invested in EVI but I am aware that EVI and fellow stocks could get whipped some more.Technically I have very few buy signals on any of these stocks.They are all oversold but stocks can stay o/s for weeks.EVI is one that I'm getting a buy signal,RON too.Although the charts on these 2 co's are looking more positive,one bad day could wipe that out and send them spiraling again.Nevertheless,one has to figure that a bottom is in here somewhere and we have seen the 1st half at least of a correction.Thus,we are not atsuch lofty heights and the fall will not be too great if we do get ushered back into the torture chamber.Also,OPEC's news is out,Iraq's news is out and the mysteries are over for now.I think that's good to get all that junk out of the way and have facts to base investments on.GD