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


To: Broken_Clock who wrote (23219)6/1/1998 8:23:00 PM
From: Susan Saline  Respond to of 95453
 
RDC

the chart looks just like every other oil n gas chart right now

they all, RDC included, have positive trends starting in January. This is a pullback.

They make a little gain, people get scared, then sell off. Buyers step in, to get some cheap on the pullbacks.

This most recent drop, very depressing, but it will turn.

That chart looks just like UTI

I believe if the fundamentals have not changed, it will correct back to it's positive trend.

I've been saying that since January, .... right Harold? (I post occasionally to the UTI thread also)

Sue