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

To: DNaber who wrote (6333)	12/31/1997 10:31:00 AM
From: Thean	Respond to of 95453

Dave, the upper BB for UTI is around 30 (good till this Friday) and BDI is at 19 (also good till this Friday). If the uptrend continues through Friday, expect an inflection to form at the upper BB for all drillers. FLC is amazing. It is already 34 plus. Its upper BB is at 35-35 1/2. So it is already nearing its upper ceiling. Too fast too much. I'd sell FLC and buy others if it hits 35 today. PTEN is even more amazing. Its upper BB is around 41 and it was almost there yesterday. Don't expect PTEN to rally with others. It has some breathe to catch.