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

To: The Perfect Hedge who wrote (4000)	11/30/1997 3:23:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 95453

>TA cannot take external variables into account glen, Traditionally, yes. Nontraditionally, no. Why not do it? Ice

To: The Perfect Hedge who wrote (4000)	11/30/1997 4:05:00 PM
From: james paterson	Read Replies (3) \| Respond to of 95453

We've had 4 major negatives impact our oil drilling & sevice stocks in the last couple months: * Severely weakened economies in all of asia --now spread to latin america. * More oil to be sold by iraq. * More oil to be sold by opec. * El nino. I sold 1/2 my PDS after the little run up last week & will probably unload the rest tomorrow. Most of us made the biggest dumbest mistake in investing. We failed to heed the most important investment advice----NEWS FOLLOWS PRICE. James