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

To: bw who wrote (26193)7/22/1998 11:14:00 AM
From: marc chatman  Respond to of 95453
 
The final blow, Greenspan talking about low energy prices and negative impact on drilling rigs. His questioner, the esteemed Congressman or Senator or whatever from Oklahoma then compared the situation today with the problems of the 80's, making it sound as though this situation could last for years.



To: bw who wrote (26193)7/22/1998 11:15:00 AM
From: Bolder  Read Replies (1) | Respond to of 95453
 
We will know that this sector has hit bottom when the stocks sell off, on heavy volume ( i.e. climatic selling), in the morning and end up unchanged or higher at the close. The following day the stocks close significantly higher on heavy volume!


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