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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (56341)12/7/1999 4:13:00 PM
From: marc chatman  Read Replies (3) | Respond to of 95453
 
The reason for YHOO is that it is going into the S&P 500 after the close today, so all the index funds are adding, supposedly. But I don't believe they are all that stupid to buy into this ridiculous move.

Also, some analyst set a new target for YHOO at 350. I guess that was a one day target; he'll have to work late tonight to come up with tomorrow's figure.



To: SliderOnTheBlack who wrote (56341)12/7/1999 4:54:00 PM
From: oilbabe  Respond to of 95453
 
Slider:
<<Greenspan has to be spitting & stuttering here...>>

He's the one adding the liquidity. Notice all those "coupon passes" lately? Makes you wonder what he knows that we don't know about the future.



To: SliderOnTheBlack who wrote (56341)12/7/1999 5:01:00 PM
From: Wowzer  Read Replies (2) | Respond to of 95453
 
<<<or institutional money manager any money if he's buying
these stocks here. He is not investing your money - he's doubling down and hoping
the dealer flips up and ace, or the roulette wheel lands on red again>>>

And he's got two face cards as well right LOL....

Sad thing is, is when these stocks implode they are going to take everything with it as well. If I didn't believe in Oil's fundamentals (they ain't making anymore of it are they??) I would sell everything I have. Year 2000 is not going to be nice when these people wake up and realize their whole life is ahead of them. No way can your mentioned stocks meet the wildest expectations out there. People are buying like there ain't no tomorrow. The "smart" money thought we would see a dip going in Y2K the opposite is going on and I now believe we will have a nasty market next year, but who cares party like it's 1999......

I am banking on your rotation theory, hope you're right...or I am going to be broke.....

Right now I am listening to some internet analyst justify Yahoo's valuation, what a joke. His best answer is that is is a classic supply and demand equation.

Rory