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 (66020)	5/11/2000 10:04:00 AM
From: SliderOnTheBlack	Read Replies (4) of 95453

o/t re: financials JimL - actually; I am 60:40 tech to oilpatch here; but will sell the tech bounce that I envision is coming off the Fed news in light of this retail report and the market digesting the "real" non-existance of mid-long term inflation. I think the Financials lag a bit, but one allmost HAS to be nibbling here - the one's I like are mid-cap S&L's, Fleet First Boston "was" my fav' financial - only got 100 shares for my LT acct - none in my "main" trading acct, it took off from me here, I should have loaded it up. I'll only try to catch WM as a large cap, but names like GSB SVRN and some small cap S&L's that are slow to react are what I will focus on - I may go 5-7-10% of my trading acct off of taking some NAZ bounce profits hopefully next week. Looking to be out of Gold Stocks and replacing that 7-10% position with financials next week, and then going back to : 55 % Oilpatch 35% Tech 10% Financials If the PPI if soft tomorrow - we rally in the NAZ ! Bond market commentary is saying the NAZ sold off too hard...

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