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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: upanddown who wrote (74120)9/21/2000 7:59:09 PM
From: WWS  Read Replies (1) of 95453
 
John, considering that tomorrow's impending correction was triggered by Intel's earnings shortfall, I expect that we'll see the damage eventually settle during the day on where earnings are suspect, i.e., the big cap techs and possibly telecomm (carrying over from Wednesday's Sprint warning). But if/when we eventually get the type of sell-off motivated by inflation, high interest rates or currency weaknesses, THEN we'll have to worry as much about energy shares as about everything else. Not to say that energy won't also be down tomorrow, but if so, then just not as much as the others.
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