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

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To: BigBull who wrote (64626)4/14/2000 3:05:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
>> Naz and DOw in free fall now. Hell, this might all be over in 2 days! Looks like the Naz may give it ALL back! Amazing. <<

The fundamentals are still there in many Naz issues they were simply way ahead of themselves. ORCT for one has a $160 price target. It ran from 30 to 90 during the Naz runup. It's now back to 30. I'm willing to take some risks here. MOT, NITE, MSFT other issues are starting to look very attractive to me. I might end up being 25-35% techs here going forward. I'm about 15% now.

I think it'll be over by Monday with the worst of it being done today. The tech stocks with huge negative earnings however may continue to drift lower and may not bounce as much with the big cap leaders.
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