Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RGinPG who wrote (15603)	3/19/1998 9:37:00 PM
From: Broken_Clock	Respond to of 95453

RG... Falcon has a chance to punch thru the downtrend resistance line tomorrow. It backed off from it today. On of the last drillers(water) to come out from the downtrend resistance from way back in November! A close above 30 would be very bullish for FLC. PK iqc.com

To: RGinPG who wrote (15603)	3/20/1998 6:45:00 AM
From: Thean	Read Replies (2) \| Respond to of 95453

Brent up 9 cents at 6:15am <TA> Ron - Just look over you BB and stochastics and your latest babe, FLC sitting at the top of the upper band as of yesterday close. If we don't have a sell-off, it would be hard for FLC to close above $30 today. On the other hand, ESV and RDC both still have some room to go before they hit their upper BB's. When I compared the water drillers vs the land drillers, their BB's also differ in the shape of the gut reflecting their difference in recent valuation. The land appears to have flattened out while selective water are trending up. The latest sell-off spooked this trend as a number of them are sagging just a bit. A U loop would be nice and may be the land can give us a better looking U. A doubly good-looking U's would be great for the coming of the water.