Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Roebear who wrote (58481)	1/13/2000 11:50:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Greenspan says equity prices too high...This should continue to help oil/healthcare/lagging value sectors. An excerpt. >> Blaming a ``huge' rise in equity prices for increasing consumer wealth and driving aggregate demand to a point where supply could not keep pace without fanning higher inflation, Greenspan said rising interest rates were the only way to restore balance in the world's biggest economy. << The news link with far more commentary biz.yahoo.com Also Intel met estimates, but said future growth would slow. (Surprising considering the upcoming release of Windows 2000 - hardware upgrades etc). In terms of the patch I think I'd be selling the OSX into strength here. There are definately some laggards that can be held, but the NE's, RDC's that are near 52 week highs will sell off after earnings season imho. The E&P's are just starting their run regardless of a warm winter. I've been putting all new money into other sectors (mostly healthcare, some DSL plays). I love this sector long term, but short term with the warm winter we've been having and the uncertainty over OPEC in March, I feel a little less confident short term. Once the OPEC issue is settled and oil settles back into what's deemed a "normal" trading range this sector is going to rock. I still have over 50% of my money in this sector though, but that's down from almost 80% a while back. If I had less than 25% of my money in this sector I'm sure I'd be adding at these rock bottom prices. However, I feel no need to be overexposed to this sector like I once did.