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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jim_p who wrote (85953)2/1/2001 4:08:54 PM
From: cnyndwllr  Read Replies (1) of 95453
 
Jim, RE: <<I'm holding out for NAZ 3,000.>>

You may well get it and if you don't, it's not really like real money is it, the way you have been rolling lately? How do you see this tech rally. I think that the old saying "you can't fight the fed" may be wrong here. With energy prices acting like a tax on corporate profits and consumer purchases, will interest rate cuts and tax cuts do the job? We may have a continued transfer of profits from tech, old economy and everything else to energy producers and those that supply and service them. I like these short term tech plays, but I think the real buys in tech may come later. I'm curious to know what you base your nas 3000 benchmark on. Ed
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