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


To: Czechsinthemail who wrote (24195)6/15/1998 10:56:00 PM
From: The Ox  Respond to of 95453
 
ESV was in the most actives category today trading approx the same volume as AOL, T, KO of the more widely held fame. I think this says alot! We are seeing the panic selling many here have suggested we need to reach before a bottom can be called.

FWIW,
Michael



To: Czechsinthemail who wrote (24195)6/15/1998 11:07:00 PM
From: sand wedge  Respond to of 95453
 
If history is any indication, the "Strictly Drilling Contrarian Post Barometer" (here after known as the SDCPB) is indicating we may be close to the bottom. It seems to me that whenever the overriding sentiment of this thread gets too positive, the market reverses on us.....the inverse has been true.

If todays posts are any indication....maybe that light at the end of the tunnel isn't a train after all.

Just a thought