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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1692)8/10/1998 10:28:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Papaya, if you haven't read Big Dog's report, I suggest you do so. He just reported the rate falling from 22K to 9K in selected dayrates. Not sure at what depth but things are declining so rapidly that what CDG said in their conference call a few weeks ago is really old news we cannot use anymore. If you think a drop from 22K to 9K in two weeks is a joke, then go buy CDG tomorrow. In fact, if you are long any driller and want to sell into strength, tomorrow may be a good day if they get some pops from this merger news.

MB has good picks's. But he is more of a slo-mo and his knowledge is more limited to the techs. If you want to follow him, make sure your timeframe and his jive. I don't find sitting on dead money particularly fun. If you want to play slo-mo, our own LT is not too shabby either.