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


To: Czechsinthemail who wrote (20760)4/29/1998 11:08:00 AM
From: Alias Shrugged  Respond to of 95453
 
Added to positions around 9:45. Ok, so I got lucky.

Added RDC @28-7/8
NE @ 31.5
TDW @ 39
DO @ 48-7/8
TMAR @ 22-3/4
PTEN @ 14-9/16
NBR @ 24-13/16

Very odd look on the charts. We seem to be making higher highs and higher lows.

How can that be???????<gg>

Overall market still looks pretty shaky, but somebody is buying up our stocks.

Re: FGII - good earnings were expected. price action doesn't look too bad.

Mike



To: Czechsinthemail who wrote (20760)4/29/1998 11:14:00 AM
From: marc chatman  Respond to of 95453
 
Baird, it looked to me as though SLB was doing the heavy lifting this morning. That seemed to lead into heavy buying across almost all the OSX components. To me, that signals heavy institutional buying. But I also notice some heavy action in the May 120 and June 115 OSX puts. I'm wondering if the action is linked to the share buying.



To: Czechsinthemail who wrote (20760)4/29/1998 11:33:00 AM
From: Chuzzlewit  Read Replies (2) | Respond to of 95453
 
Just stay off the sanguine <VBG>!

VRC is up nicely again. Does anyone have any news that supports this move?

TTFN,
CTC



To: Czechsinthemail who wrote (20760)4/29/1998 12:08:00 PM
From: jbe  Respond to of 95453
 
Don't know about IBD, but in Telescan's industry rankings oil service & drilling stocks have jumped up to the 87th percentile!

99th percentile, here we come (again)!

jbe