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


To: Thean who wrote (7777)1/12/1998 9:19:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
Thean,
I thought I was the only one(other than Mike) that was a near term optimist today.Guess this thread had been battered a bit of late.About the time we all start buying puts on the rallies this sector will no doubt head for the moon<g>
Dave



To: Thean who wrote (7777)1/12/1998 10:02:00 PM
From: chuck weir  Read Replies (1) | Respond to of 95453
 
Agree, the drillers composite index is resting on the lower bollinger band; the last 2 times this occured (12/1/97 and 12/23/97) we bounced up to the 20-day moving average; this was a 13% and 20% move, respectively.