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

To: james paterson who wrote (4396)	12/3/1997 9:24:00 PM
From: Thean	Read Replies (3) \| Respond to of 95453

James, I'm thinking about switching away from PDS too since I overweigth it. Probably will do it tomorrow. I'm not as concerned about oil price but that PDS is close to its upper BB. PDS is the clear leader in the whole sector for the past 2 weeks. This is most likely because it corrected hard first before everyone else. If the drillers move up, PDS is not going to move as much. I want to put the money with the biggest short term upside potential. MDCO, UTI and PTEN are all good candidates for big moves. Even RIG and RDC have stronger upside IMO. If the drillers move down, PDS will give back just as much as everyone else. So I'll definitely switch some out elsewhere. Good luck.