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


To: Thean who wrote (6885)1/7/1998 11:51:00 AM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Glen -- FGII and EVI seem to be perking up a bit...would you mind putting on a short sale so we can move on up?



To: Thean who wrote (6885)1/7/1998 11:57:00 AM
From: bw  Respond to of 95453
 
Thean..Good call from yesterday. It does seem like we are posed for a possible rally today--->down. Having been a short-term holder/trader over the last year, and having transacted over $10m of these stocks over that time, I have never shorted this sector..due to the strong fundamentals. The sentiment is so negative at this point, however, that any sustainable upturn in the immediate future seems to be unlikely...Could be wrong, but am not putting my money into the arena quite yet. It is just as easy, and less risky, to gain a few points once these stocks have really turned around..vs. trying to catch 30 falling knives at once while attempting to call the bottom of this downtrend...
Good luck all..



To: Thean who wrote (6885)1/7/1998 11:58:00 AM
From: Jeffrey Beckman  Respond to of 95453
 
Thean, DATEK lets one short marginable stocks under $5. It's probably just too boring for those inclined though.

Jeff



To: Thean who wrote (6885)1/7/1998 12:05:00 PM
From: HH  Respond to of 95453
 
Short Hell, Thean , I am buying!!! GLM looked great at $22 yesterday
and $21 looks fine too. Remember, sometimes TA doesnt necessarily
give all the right answers all the time.
Panic in the street. Remember how quickly this sector
lost its lustre. Nothing fundamental has changed, just perceived
fundamentals.

HH



To: Thean who wrote (6885)1/7/1998 1:00:00 PM
From: Redman  Read Replies (3) | Respond to of 95453
 
Thean,

Are you still behind the Wolf (GW) at this point. I just picked up some more today, and although it is by far my smallest oil service holding, it is still a lot of moola.

green