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: SliderOnTheBlack who wrote (58258)	1/11/2000 1:23:00 PM
From: ItsAllCyclical	Read Replies (1) of 95453

(Somewhat OT) Techs/Rotation - Yahoo reports tonight. It's getting sold off ahead of time. Typically techs rally the day yahoo reports. After tomorrow I'd say it's pretty safe to start shorting some techs. AOL is dead meat. It merged with a traditional media company. One analyst has already downgraded saying it's old valuation metrics no longer apply. AOL should apply some pressure on many of the tech indexes/funds as people short AOL due to the merger. Looking for a choppy market for the next two weeks and then we'll start to focus on the up coming rate hikes. Not sure if oil stocks will be sparred short term when techs coming crashing back to earth. BTW - Anyone who liked HRC in the healthcare sector should look at USON. Very similar in every regard. I own both here. (Same sector, similar price, both below book, similar charts, similar earnings). USON has less debt, but is smaller (500 mil vs 2 bil for HRC) and less diversified.

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