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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Crimson Ghost who wrote (41631)4/5/1999 4:14:00 PM
From: Jacob Snyder  Read Replies (2) of 95453
 
small caps will outperform after:

1. the market drops 15%
2. the people who buy on dips buy.
3. the market drops another 15%.
4. the value investors who've been 50% cash for the last two years, because they can't find anything to buy, buy.
5. the momentum guessers, (who have been doubling their net worth every 12 months by taking leveraged bets that overvalued stocks will become more overvalued) have margin calls. Think of LTC writ large.
6. the market drops another 15%.......or more

I'm very certain this is going to happen. I'm very uncertain on when.
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