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Gold/Mining/Energy : Winspear Resources

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To: dgz who wrote (25217)1/13/2000 12:22:00 AM
From: The Fix   of 26850
 
The real problem is NASDAQ! It's such a vacuum of investor cash. We are in the Grannies and Orphans phase, they want into tech's at any given cost. We all know what's behind the corner from here. Attitude is why should I wait a year or two for a double off of a blue Chip when I can spin the wheel on QQQ and double in six weeks. QQQ needs to correct big time and a healthy sector rotation needs to begin. We are seeing a somewhat of a sector rotation already into some commodities (Energy and Paper), Pharmacuticals and Financial. It's good to see the cash staying in equities instead of Bonds.

Another sure sign is when every ex-VSE paper dump mining play turn themselves into a ".com" company and rolling back the shares. It just doesn't make sense when oil/gas co. are trading at 4X cash flow.

fIXER
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