Strictly: Drilling and oil-field services Message Board

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

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To: SargeK who wrote (57767)	1/3/2000 11:15:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

On Topic - nice Nat Gas info link ... just had someone e mail this link - interesting. enerfax.com You know, this NASDQ turn from 4200-4000 could be the turning point. You would think that there should be prudent trimming & profit taking by institutions now that they are out of the 99 tax year - they have to be profit takers here. Some of these 2nd tier NADQ stocks are insanely valued - not even talking about real & valid companies like QCOM (not that I'd be a buyer here) - but the untested companies that are all smoke & mirrors - when this does turn; its going to be ugly as elephants stampede thru the eye of a needle exit... We will need that momenteum money to rotate to really fire us up to new highs. Come on Greenspan - do the right thing... and at least start talking about this irrational exhuberance again...

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