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

To: Redman who wrote (5905)	12/22/1997 5:13:00 PM
From: Giordano Bruno	Respond to of 95453

I'm buying more. MAVK could trade at 35 in 2 weeks and it's worth more.

To: Redman who wrote (5905)	12/22/1997 7:22:00 PM
From: The Perfect Hedge	Respond to of 95453

What's the growth rate?GD

To: Redman who wrote (5905)	12/22/1997 9:13:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 95453

>Any TA people out there see ANYTHING forming, other than downtrends. Greenman, From what I've seen, TA people tend to get crucified on this thread. But I'll stick my neck out anyway.... Nothing is happening now, except that the drillers are in a downtrend. Face it. Look for lower prices. There are few, if any, buy signals right now. Go short. Short most anything. But don't go long right now. In general, shorting will work, at least until the TA indicators indicate otherwise. Folks can talk great fundamentals until they are blue in the face. But fundamentals have little or nothing to do with stock prices in the short run. For now, IMO, I suggest forgetting about pipe dreams of the sector taking off like a rocket. It ain't gonna happen as yet - - not from a TA perspective. I think it could happen some day, but not now. That's my take on the situation. And I don't intend to take any kind of flak from anyone for having stated my opinions. Take it or leave it. Like it or lump it. Ice