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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (78894)11/14/2000 8:50:43 AM
From: Crimson Ghost  Read Replies (1) of 95453
 
The XAU has been helped substantially of late by copper producer PD. Without that stock the XAU probably would be at a new low right now.

Do agree with your comments on the banking and mortgage industries. I see more risk in the financial stocks here than I do in the beaten down techs.

There has never been a bear market that did not decimate financial stocks at some point. And there has never been a run in financial stocks like the past five years. Those who think this cycle is different will have their heads handed to them one of these days.
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