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

To: TREND1 who wrote (8892)	1/20/1998 6:20:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 95453

Larry- Thanks for the post.Can you give us short synopsis of what all 'dem letters mean?GD

To: TREND1 who wrote (8892)	1/20/1998 10:28:00 PM
From: chuck weir	Read Replies (1) \| Respond to of 95453

Bollinger Band fans and other TA dribble: of 26 'drillers' 5 are below (pten, rpc, tbdi, tug, uti) their 20-day moving average; 20 are above and one (pkd) is outside the upper band; the support/resistance line for the drillers composite (closing price of the 26 'drillers') was penetrated on the upside today (connect the price peaks on 11/5, 12/8, and 12/31); also the close on the driller composite is above the 20-day moving average on the bollinger band screen...upper band is another 10% or so away. The weekly stochasic chart on the driller composite still has not broken above 20 but the cross over has occured. Bottom line: another 10% or so up before we get a continution signal or profit taking?