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: Razorbak who wrote (43289)	4/26/1999 8:19:00 PM
From: IndioBlues	Read Replies (1) of 95453

Cramer's take on rotation to cyclicals... <this is an excerpt from Cramer's chat today on AOL as reported on TheStreet.com> "Question: Now that techs seemed to have firmed... will money leave the cyclicals and go back into techs ? "TSCNYjjc: I think that the cyclicals had a very big move and will now digest that move meaning that they will trade flat to down. That said, I think on the correction that is happening right now in the group I would be a buyer of these stocks as many of them are beginning to speak more positively about biz. Take HAL, which I am long, it just issued a statement that said that if oil stays up here, they will see a nice recovery earlier than expected. That's what I want to see. Does that mean that HAL has to be bought right now? No, it just means that earnings, improved earnings, may not be as far away as we thought."

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