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To: Thean who wrote (7204)2/8/1999 4:20:00 PM
From: Peter V  Read Replies (1) | Respond to of 14427
 
THanks Thean. Got some RIG at 24 15/16, have orders in at 24 and 23, if it gets that low. Slider is jumping up and down about RIG today, but we know how excitable he gets. What does your magic chart say about the near-term direction of RIG? Lower? 52 week low is 23, if that gets taken out are we in deepwater trouble?



To: Thean who wrote (7204)2/8/1999 10:42:00 PM
From: NucTrader  Read Replies (2) | Respond to of 14427
 
>>DING, DING, DING! RIG hits $25 now<<
Went over to SD and checked Papaya's Noesis URL. Didn't look like the near term forecast was too rosy. Guess my ? is, why is RIG such a buy here, other than the fact it seems to have formed a base around 25. Why can't it go lower?


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