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


To: RGinPG who wrote (9967)1/28/1998 12:12:00 PM
From: Erwin  Read Replies (3) | Respond to of 95453
 
Ron,

MDCO is down a half @ 17 and it is one of the best managed companies in the sector. MDCO might be a good one to add to your collection if you can figure out why it is down. I can't find any news on the company and although the rest of the stocks in the sector are showing minor gains (gains none the less) MDCO is down. Does anyone have a clue on MDCO today??

Erwin



To: RGinPG who wrote (9967)1/28/1998 12:22:00 PM
From: Rob Hinton  Read Replies (1) | Respond to of 95453
 
I'm in DO as of Monday around 40.5 +/- and am keeping a close eye
on the 44 level because that is the 45 day EMA it has not penetrated
yet. It looks like the wedge is narrowing to the point we might just
get a breakout to the upside in something like 4 or 5 trading days
if the market does not fall apart (you know - dow up, osx up, oil up,
war, rumor of war) on us.



To: RGinPG who wrote (9967)1/28/1998 2:07:00 PM
From: Rob Hinton  Read Replies (1) | Respond to of 95453
 
To: Ron, TA Guru's; Subject: DO, TA, volume

It looks like volume today is running at a pace that will be half
of yesterday. Does this mean we are getting close to a short term
peak or consolidation periord? SLB and OSX are up today which should
be good for the rest of the drillers...

Thanks,

Rob