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


To: drsvelte who wrote (19911)4/21/1998 8:52:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
My personal opinion is as follows: If there is no Bad News(HAL misses earnings, for example or oil drops 50 cents) then the follow thru should be powerful. This is the first time that SLB has "followed" the osx. All other times since Nov. decline started, SLB led the charge and stumbled first. The drillers like NE, RIG and service companies like RON led this effort by breaking out and staying out while SLB slid on back and filled the gap. SLB is like a running back that didn't have blockers the first half of the game and got chewed up. This time we have lot's of blockers...