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Strategies & Market Trends : Ride the Tiger with CD

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To: Taikun who wrote (28653)	4/30/2005 11:06:05 AM
From: Stephen O	Read Replies (1) of 314050

Coxe also thinks that the cyclicals will take over the leadership of the markets in the years ahead. Eventually a mania for them will develop and they will go to 25 times earnings. You see no real mention of commodities in the US or the UK in the general media. Oil only gets a mention because of the price for gasoline and how that is bad for business. In Canada we do get a lot of commodity news coverage, recently it has been all China is finished, commodities have topped, get out now. Now it's Canada's political instability. All the while these companies are sitting there cheap.

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