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

To: John Carpenter who wrote (33608)	12/28/1998 12:35:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

3 days of shorting then watch thursday on... The last trading days of Nov had heavy tax loss selling on big volume by the Funds. I think they can buy on Dec 31st; I'd expect the traders to short heavilly untill then. Thursday (1/2 market day - open ? - or Monday) will see heavy short covering (may start wednesday) and the return of buyers imho. I think we'll see + 10-12% on the first couple trading days. Excellent short term trading here perhaps. time will tell; curious to see what the ''Abbey'' factor will be... PS - anyone own, buying or thinking about LUKOY - lukoil - the Russian Oil co ? - the pentultimate contrarian play of a lifetime !?!