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

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To: Think4Yourself who wrote (64548)4/14/2000 9:15:00 AM
From: Telemarker  Read Replies (1) of 95453
 
JQP, It's amazing to me how many people are still using the insanity of the last couple of years as a baseline for making decisions. History has shown that to be the trap laid in good times.

I'd feel a whole lot more comfortable about the rotation of money coming into the patch if it weren't for all the leverege that had built up. Unfortunately, much of the money coming out of the hot stocks may well be required to pay off these debts.

Could the continuance of central-bank provided liquidity be the key to performance in the energy sector, if and when people's attentions are turned this way?

Regards.
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