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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: BigBull who wrote (54127)11/5/1999 11:47:00 PM
From: Gary Burton  Read Replies (2) of 95453
 
BB---"tech death" will actually come home to roost when nuclear winter really takes hold come Q1 2000 when all the excess inventory needs to be worked off coupled with 'no one' needing to buy computer equipment in size for awhile because everyone already upgraded prior to Dec31. Sort of a win95 double ordering hangover imo. maybe overly simplistic, and maybe even wrong but that's the way I see it.... And when I see the gorilla techs and other megacaps already up against their Long Term multi year up trend lines (connecting the various higher peaks through the years) one gets the impression that there's no where now to go but back down?---but what am I doing talking about FA re tech death? (excuse me, I just finished reading Herb Hickey's latest letter on the state of the computer industry and since he's super bearish I must have been unduly influenced (vbg)--Goin' back to my charts!----Hey! who implied that elliott was useless re oil stocks?? was it you Captain (microwaves?-vbg)--was it you Post Patrol (double vbg)---was it you Diana? --was it you Slider?---how about you BB?----com'n folks let me at least enjoy the rest of the weekend.---On a serious note, I will post my current EW view on where we go from here on the OSX etc shortly.
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