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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (11189)3/5/2001 4:19:18 PM
From: Sig  Read Replies (1) of 13572
 
Re: Looking for the next bubble
Using the Yahoo stock screener and calling for a 1 year price appreciation of 50% identifies a potential bubble(haha). You would never guess- its oil or gas . Another would be real estate or uts.
But here are the charts for some oils
siliconinvestor.com
We cant expect the same old tech returns, but the top three have some potential and there are no doubt much
better ones in the field..
One could argue that the price of oil is fixed, but that is no hindrance to growth of an efficient low cost producer. Think Dell, where PC prices were continually falling ,and there is a growing demand for energy as there was for PC's. Auto companies are building ever larger trucks (G). More airplanes ?
I am just playing around here Greg, looking for a potential sustainable bubble field and have not researched any of this.
Sig.
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