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: Broken_Clock who wrote (19036)	4/14/1998 4:43:00 PM
From: drsvelte	Read Replies (1) of 95453

.....IP missed earnings.... Paper is apparently now "cool" again. The rationale is that paper and pulp inventories are down, Asia woes overblown, blah blah blah. Just like steel had their run earlier this quarter. What I find so amazing is these sector shifts are absolute discrete events -- a sector is pretty much either "hot" or "not;" its "in" or "out." Just like last fall with the Oil Services. Rolling along for six months then someone(s!) decides one day in November that it all over -- and it is. The stuff of conspiracies, no? Looks like Intel made its number, so tomorrow should be good (now that I've said it, it will be bad!) Hope the OS can catch a ride. drsvelte

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