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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (82125)12/19/2000 6:32:00 PM
From: ItsAllCyclical  Read Replies (2) of 95453
 
Hitsoft, another good street.com article - Fed didn't cause it, can it fix it?

thestreet.com

The capitulation phase has started. It'll be over only when people accept the following:

1) We most likely will enter into a recession in 2001.

2) Greenspan can't save us.

Even if we avoid a recession going from 8% growth to 2% or less will feel like one.

I could come up with many others, but these are the two most important facts that have yet to be digested.
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