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: Post_Patrol who wrote (84740)	1/19/2001 11:40:10 AM
From: SliderOnTheBlack	Read Replies (3) of 95453

Postal... God Bless You ... without people like you - the "madness of crowds" theory wouldn't be reality. Simply amazing.... 100PE stocks rallying into lower earnings & revenue guidance; with some co's refusing to even state 2nd half guidance here. A vastly slowing economic environment with the strong possiblity of a recession & the "crowds" are flocking back to the Tech Bubble... oh well ~ Let's see if we get the same morons here shortly breaking out their pom poms like they did a few short months ago at NAZ 3200-3500 before they indeed broke thru that sub NAZ 2558 prediction I made... I still say; the "capitualation" final Bear phase to this NAZ corection is yet to come & will come off of Q1 Tech reporting. Nothing fundamental driving the tech bounce; anyone not taking the profits & ringing the register here is a fool & will get another 500 points up & 700 points down roundtrip... Also; Having the new Bush/O'Neill admin on the opposite page of Greenspan is not a good thing. We virtually need a miracle here - we need to quicly trim our account deficit; but need a weaker dollar to do so & a weaker dollar will lead to foreign repatriation from both our debt & equity markets.... a classic catch-22. Greenspan knows it too - he'll retire by mid-year & you heard it here first... he's simply protecting his legacy here & will get out & retire before the $hit really hits the fan & it will.... Gee; the NAZ is turning Red here.... whodathunkit ? ... the great & powerfull OZ has spoken - So it is written; so it shall be done ~ Ring that Tech register... last call

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