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

To: Big Dog who wrote (5080)	12/13/1997 8:07:00 PM
From: Marc L. Greenberg	Read Replies (1) \| Respond to of 95453

Mike Simmons said: >>Here is an idea...just for fun this slow weekend...how about ALL you lurkers out there sign in and post just one message so we can get a feel for how many folks exist "in the shadows".<< OK, I'm a lurker (though I think I may have posted once or twice to this thread). I appreciate the variety of expertise on this thread, from the Fundamentalists to the TAers -- it all helps to make sense of the chaos. And I vote that Thean stay. Good fortune in the coming year to all. Marc Long on GLM, NE and, recently, out of my MIND

To: Big Dog who wrote (5080)	12/13/1997 8:11:00 PM
From: Rich B.	Respond to of 95453

AMEN,RB

To: Big Dog who wrote (5080)	12/13/1997 9:02:00 PM
From: Gerald F Bunch	Respond to of 95453

Hello Mike I agre with you about the likes of bry. Personally, I wouldn't dignify his post with a response. Regards GB

To: Big Dog who wrote (5080)	12/13/1997 11:18:00 PM
From: mark rose	Respond to of 95453

I lurk with an occassional drive-by post. Long CDG, LUFK, NE, PTEN, RON, SDC and TCMS. No one should leave this thread because of a BOZO poster. Adios Bud

To: Big Dog who wrote (5080)	12/13/1997 11:38:00 PM
From: Lee Fredrickson	Read Replies (1) \| Respond to of 95453

Mike; --Week-end Style Topic-- I like your idea to draw people just 'reading through' out for a check-in. Would be enjoyable to get a feel for just how many of us there are. Visitors who come by but haven't joined SI are excluded from posting, unfortunately. On the off topic subject of SI, has anyone ever heard back from the Webmistress? About anything? E-noted her a few evenings back about the site being unreadably slow, (while other sites were OK) was as polite as a nun in church, got no answer at all. Since then, SI has been normal again, then slow, then 'off the air' completely, now slow again tonight. I'm used to the fact that the WWW is subject to all sorts of glitches, but a little explanation goes a long way towards making the situation more agreeable. Her lack of responsiveness aside, I do love hangin' out here!! Lee

To: Big Dog who wrote (5080)	12/14/1997 12:11:00 AM
From: Alex Greenland	Respond to of 95453

OK, but some of us like it in the shadows :) Actually I have been following this thread for about 2 months and have not posted before because I have had nothing useful to add. Although now I would be truly saddened if Thean left the thread because I have found him to be one of the better sources for TA on this site. Just my $.02 Alex G. Long GLM,GW,MDCO, and HMAR...

To: Big Dog who wrote (5080)	12/14/1997 8:37:00 AM
From: Michael Berkel	Read Replies (2) \| Respond to of 95453

Smart Money's Market Insider is bullish on our sector. I just read the following at smartmoney.com One group that continues to show some promise is the oil services sector. "The oil service sector stocks got hammered this week and there are still some good values there". Thean, keep up the good work. Don't leave us now, now that we need you, need you..need you.. Michael B.

To: Big Dog who wrote (5080)	12/14/1997 9:37:00 AM
From: Thean	Read Replies (8) \| Respond to of 95453

Rev. Simmons and all brothers and sisters, I come forth here this morning to thank each one of you for your outpouring of kind words. Having reflected on my hasty decision overnight, I now truly regret making that resignation posting. I sincerely hope all troubles caused is forgiven and I'm coming back home! There is something about this thread that is special. If the recent driller low downs does any good, it is the bonding that we establish for sharing and learning here. You guys are right, this is too good a place to leave because this "Brotherhood of Losers" is going to be the "Glorious Drilling Congregation" in a few weeks. Maybe we should motion to set up a "GDC" option on the big board (since we already have RDC and SDC, GDC should not be a symbol in conflict). OK, back to business. The next week is going to be the last week before the active traders leave for the holiday. For the fund managers who are locking in on year end profits, they have already done so by now and if not, they are holding on for next year. No fund managers will reasonably want to sell into thin volume between Christmas and New Year. Next week will also be the last active volume week to load up at bargain prices before the next year arrives. So if my guess is correct, the next week should be a good week. It happens that most drillers are sitting at or near support from TA standpoint and that is the natural support. The psychology at buying at the "bottom" is like placing a bet. The odd is rebound versus catching a falling knife. I like the odd of a rebound better given current scenario. Another 4-5% drop on Monday will move a number of drillers outside the intraday lower BB and this is a clear sign of "incoherent panic selling" which I'll use as intraday buying opportunity. But if we close 4-5% lower on Monday we are going to be in for a rude awakening becuase this will be the unexpected. IMO only a general market meltdown or a big shift in fundamentals can do that. Someone asked about the divergence between the Second Opinion Stochastics and the IQC Stochastics where the SO stochastics correctly predicted the last peak but the IQC did not. This is a good insight. Obviously the moving averages set between the two are different. My guess (since I really don't know the actual moving average settings for either of them) is that the SO has 3 and 5-7 days as the two moving averages and IQC has 5-7 and 13 days as their settings. I backtested the IQC a lot and find it to be very useful in a normal market, e.g. between March and August this year. However, since the the SO stochastics works this time, I would place some emphasis on this shorter moving averages in time like this for the future. It is like catering your settings to fit the current needs kind of thing, except in this case we know it after the fact. Maybe we should talk about a fast and a slow Stochastics in the future. I have not used stocksmart for a while now anyone knows if they begin to charge a fee for using their TA? Thanks for pointing this out.

To: Big Dog who wrote (5080)	12/14/1997 3:10:00 PM
From: JGreg	Respond to of 95453

I wondered why there were 95 posts showing when I logged on! Here's my two cents-- The thread has changed, a bit to the negative and petty side, but there are enough knowledgeable, mature contributors on this thread to keep it from sliding into the gutter where so many others end up. Thean has been a real anchor for many of us. He puts in a lot of work for his posts and we benefit from them. I hope he will reconsider. We need him. Well, praise be! I just read where Thean had come home. Does anyone have a hankie? Pass the pie, please.

To: Big Dog who wrote (5080)	12/14/1997 7:36:00 PM
From: barbara fine	Read Replies (1) \| Respond to of 95453

I have been a lurker only because I have nothing to contribute and dont wish to waste others time by reading my opinions which have no basis other than my gut feelings. However I wish to state that this is my favorite thread. I can't tell you how much I have enjoyed it and wish to thank those who post such as Mike and Thean. Considering that they take their time to educate us without pay, I think we all owe them our heartfelt thanks. Barbara (have you noticed that a large percentage of female posters on many threads are named Barbara. I long ago believed that certain names gravitate to certain professions. This is based on only many years of observations (I am an OLD grandmother). In my last life when I was one of only a few women attorneys most of them had the name Margaret, but this is before most of you on this thread were born.

To: Big Dog who wrote (5080)	12/15/1997 10:11:00 AM
From: Rick Kraus	Respond to of 95453

I'm a lurker. I think Thean's posts are one of the main reasons I've hung around and am glad that Thean has reconsidered his decision. However, some of these one line posts that are getting more common are a bit tiresome. I've had FSESX for about a year and a half and also am long with CXIPY, MIND, PDS, GLM, and CKH. RK

To: Big Dog who wrote (5080)	12/15/1997 10:50:00 AM
From: vpelt	Respond to of 95453

Mike: I was gone for the weekend so only now able to post at your request for a head count of shadow dwellers. Also want to tell you and the other regulars this is one of several threads I try to stay caught up with and I appreciate the education I'm getting. Thean: Don't let one or a couple rotten apples spoil the barrel. It's a better thread with you in it. vpelt