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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Douglas V. Fant who wrote (52925)10/13/1999 4:09:00 PM
From: The Ox  Read Replies (1) of 95453
 
Thanks for the update, Douglas.

Slightly off topic: We are seeing commodity prices increasing, Gold and Oil specifically. It was drummed into my head for years that the end of the bull market would be signaled by rising commodities. It was a theory I always questioned as I felt it was a bit too simple. Well, we seem to be entering the phase where commodities are starting to look more and more appealing.

The 64K questions: Are we seeing defensive posturing for Y2K? Are we seeing money seeking "value" in the beaten up sectors? Are we seeing the end of the "bull"?

Hmmmmm....
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