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


To: RGinPG who wrote (31261)10/29/1998 1:26:00 PM
From: Jamey  Read Replies (1) | Respond to of 95453
 
Bloomberg has an updated story on the proposed furthe cuts by OPEC. If you are a subscriber I would appreciate the news.
Thanks,
Santiago



To: RGinPG who wrote (31261)10/29/1998 4:23:00 PM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
RGinPG; are these shorts just a daytrade ?

...I think we are in a basing mode; the sector is holding rather well here actually.

If OPEC's meeting generates good news and the Fed cuts again in Nov. --- I wouldn't be short here ?

I don't see ANY overpriced oilpatch stocks here; other than a $1-2 daytrade on stocks like RON on a day when we get a big OSX spike, but not here a week after the move and now they are settling into a basing mode ? PDE has moved a lot - but watch for insider buying here... FLC as well has had some insider buys...

Are you short here based on technicals or fundamentals; or both ?



To: RGinPG who wrote (31261)10/30/1998 7:48:00 AM
From: seadust  Respond to of 95453
 
RON.... PDE earns .......

PDE missed 1st Call est. .01 and Zacks by .02.
biz.yahoo.com

Also Brent down .08 to 13.00
Crude down .10 to 14.14 this A.M.

Regards....WK