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


To: Thean who wrote (9377)1/23/1998 10:12:00 AM
From: David Musolff  Read Replies (2) | Respond to of 95453
 
A must read for all on this thread. For excellent anaylsis of where we are going in the drilling/service sector at Yahoo finance under the NORT symbol look up posts 124-127. Three anaylsists go over the price crude , the Asian factor and production replacement. Also the historical pricing of shares in the feb and year to year pricing time frames. At the end of the report are their picks. As a trader and longholder of FGII and also DO, HAL, RIG, PDS, GIFI, PKD this thread is my favorite. Enjoy posts from all especially Thean who knows his marbles in his TA work.
I look at FGII with a 500 million back log, just getting two yards from the Canadian for $1.00 and knowing that the CEO Holloway is known as a walking money machine Ii feel this stock is a screamng buy anytime under 25.00. Thanks to all.



To: Thean who wrote (9377)1/23/1998 10:38:00 AM
From: Jeffrey Beckman  Respond to of 95453
 
USA Today's gizmo shows oil up a penny (16.04 or 16.05).

It amazes me how they give away 80%+ of the runup, and just barely move down on stochastics. These TA indicators are all conspiring against us!




To: Thean who wrote (9377)1/23/1998 11:11:00 AM
From: bw  Read Replies (1) | Respond to of 95453
 
Thean..Why do you think the extra weakness is being shown by ESV? I know it's been one of your favorites in the past [mine too]. Rumors of their "aging fleet" surfaced on one of the threads awhile back. It has to be considered one of the stronger companies in the group, with some of the best fundamentals. Could be the curse of the split, such as with DO...and of course the general trend.
Good calls so far this week! You're the "G" man...<gg>



To: Thean who wrote (9377)1/23/1998 12:04:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
When will I learn to listen to you? I'm such a terrible day trader. Only got rid of 5% of my oil service holdings. Not much strength to sell in to now. But at least that's it for my margin holdings.
Any chance for a bounce later today?