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

To: Jon Cave who wrote (38291)	2/25/1999 10:59:00 AM
From: SliderOnTheBlack	Respond to of 95453

Could FLC be the posterchild for the entire sector play ? last post - gotta go; but wanted to point out that imho; the sentiment ''meter'' - pain threshold - analyst comments - price behavior et al of FLC of late; is in my opinion ''THE" textbook classic lesson on how to trade this Sector ! I posted my buys into the selloff on the Yahoo thread earlier - I'm not jumping on the bandwagon - and fairly, it's not clear that the bandwagon is leaving today... but, cleary imho - the risk/reward ratio on FLC entered the BUY zone... time will tell... PS - as the price of Oil has creeped up substantially here and per CNBC comments here this a.m. - that the OSX stocks have not (allthough they commmented on the impervious quad-bottom) - is this not a ''signal'' - window of opportunity to buy ? While it's obvious you can not buy oilpatch stocks cheap when crude prices/fundamentals are strong; - we currently have a chance to buy oilpatch stocks cheap - while Oil Prices/fundamentals ''ARE" turning upward.... !? sieze the moment...