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

To: Gameboy who wrote (26998)	8/4/1998 12:31:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Prudential's Ralph Acampoura calls for 15-20% Dow correction ! Can anyone say sector rotation ! ...if we just get a little positive crude news simultaneously to the sell off in the DOW - we will see analysts talking non-stop about this sector and Bingo ! ...our time will have come; and we will do a ''360''. I think the cards are playing out very favorably right now... We are basing at the bottom currently - selective buys are in order - watch FGII for any big 1-day selloffs and if it touches $18 load up. My value pick currently; watch RDC - check its 15 year ! charts folks; quote.yahoo.com compare probable returns as a % gain to a ''base'' positive market sentiment - ''fair value'' which is where we were in April - May (not the OCT-Nov highs of 1997). It has as good a percentage return expectation as most any driller as Rowan was solidly trading at $30 from Jan to May; and blew through the March selloff unscathed (major indicator of support) and this is over a ''double''. RDC has more bottom support here than other drillers per it's long term chart, and is a bit more diversified than MDCO, CDG or even ESV, RDC is also one of the most financially sound and fundamentally balanced drillers. Very liquid a over 1 million shares avg daily volume & a big cap. Near $10 it becomes my #1 holding... best conservative fundamentals and best diversification with an allmost certain double (4 bagger for Slider on margin) when we return to ''just'' normal market conditions ! This sleeper if it falls much lower, becomes a ''bet the farm'' play... EVI may be next if it continues to slide... Come on DOW 7250 !