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: Bocor who wrote (94072)	8/28/2001 10:40:01 PM
From: Think4Yourself	Read Replies (4) of 95453

If there isn't a washout in the next two months, which EVERYONE is expecting, then he will have near perfect timing. Could someone enlighten me as to just WHAT gains the tech funds need to offset? Naz has been going down steadily all year. And what about all those .com's that went bankrupt (and still are)? Why won't they just sell the ones they haven't already been forced to sell? That's an easy way to rack up huge realized losses. Guess I'm just not seeing the logic behind this big selloff. Could someone please enlighten me as to why the tech funds will sell the likes of Intel, Sun, and Oracle just as a recovery is starting?

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