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


To: SJS who wrote (10417)2/3/1998 12:46:00 AM
From: Broken_Clock  Read Replies (3) | Respond to of 95453
 
Steve,

Do you really forsee much downside in the drillers at this point?

ESV 1.8 mil. shares today +3/16
GLM 2.6 mil. shares today -7/16
HAL 2.4 mil. shares today -9/16
MDCO 2.4 mil. shares today -3/4
NE .99 mil. shares today +7/16
RIG 2.5 mil. shares today +3/8
SLB 4.6 mil. shares today -3/8

When we have seen this type of volume previously, the drillers would plummit 10% in a day.Remeber for every seller today there was a buyer.

Looking for an up day tomorrow and more thru Friday.

Dave



To: SJS who wrote (10417)2/3/1998 9:30:00 PM
From: NucTrader  Respond to of 95453
 
At the craps table, he would be termed a "grinder"......