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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Lucretius who wrote (17595)4/2/1998 7:46:00 AM
From: marc chatman  Read Replies (1) of 95453
 
**OT** Japan down big; HK down; the rest of Asia solidly down. Yet Europe is solidly up across the board. S&P Futures neutral. I suppose if Europe ignores Asia, this bizarro market will. Of course, in a world where good news is bad and bad news is good, I suppose the market will find some problem with the Jones case dismissal.

Perhaps a slow start and then a flurry of buying when the fund managers realize their cash is burning a hole in their pockets.

Closer to topic: things look pretty good here when the newest competition for bottom-fishing seems to be disk drive stocks, semiconductor manufacturers and semi-equipment manufacturers, many of which are hemorrhaging cash and few of which are growing.
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