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

To: Judy who wrote (4050)	12/1/1997 12:10:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

I am becoming much more enamored with those candlesticks...FGII is responding perfectly to the patterns...Unfortunately! Seems like only yesterday the complaints were about not being able to get buys in cause the stocks were going up too fast...next time around I doubt that will be a major complaint....

To: Judy who wrote (4050)	12/2/1997 8:40:00 AM
From: Dwight E. Karlsen	Respond to of 95453

Thanks for you comments, Judy. Your advice is good and smart, and I should know better by now than to try to catch a falling knife. I think volume must have picked up "a bit" in the afternoon on Monday, as the charts I looked at showed pretty ugly action. One problem for me is that I get busy times doing my "real job", and so instead of staying out I go in the market more than I should. I get afraid that while I'm busy and not watching for a day or two, that the price will shoot back up. Dumb thing to be afraid of with the drillers...but back in late summer I missed getting call options on CDG by 1/8, with a limit order...Anyway I'm in now, and I think all the bad news may be out..although never say never. Most drillers are back to where they were 4-5 months ago, and MDCO has corrected 44% now, CDG 37%. There can't be too much more downside, unless the price of oil really goes down a lot.