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Strategies & Market Trends : Strictly: Drilling II

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To: Little Joe who wrote (16087)7/20/2002 1:45:15 AM
From: Jim Willie CB  Read Replies (1) of 36161
 
and what of the DJUtility index chart? down 35% in year

quote.yahoo.com^NNA&d=c&t=1y&l=on&z=b&q=l
(this is NYSE Utilities, only one I could find)

I interpret this as a threat of debt collapse
or heavy derivative exposure within member firms
or a measure of phoney transactions

or even a longterm expectation of a return of inflation?

I would love to hear any comments from yous guys
/ jim
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