Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (11649)	5/3/2002 11:03:19 AM
From: kirby49	Read Replies (1) of 36161

I started looking at it last August as the next sector, when that PM consolidation was taking so long and even testing my patience. Think I posted it here. Seems like just common sense that we take existing electronic technology and the ideas that drive it and marry them to the latest in chemistry, biology, the Human Genome research etc. Think we have enough computer power for all this and space travel etc. so there will be a lull, although some advancements in that sector, such as IBM experienced after the 73 bull. Anyway that chart looks like a bubble, but a long term trend line might come out around 250 or so. Still watching and hoping it's way too early for a major course correction. Perhaps BTK needs to even overcorrect a little, and all this will be revealed in due time as we watch while we wait for a major trend change in the PM's. Regards Bob BGO, PAAS & TVX up nicely from Monday's 'highs'.

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