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

To: Gary Burton who wrote (58801)	1/20/2000 2:51:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

Thanks for the Merrill info. I also believe we should see HRC a bit lower. If we pop a fraction, I will trade out and look to reload lower. If we hit my downside target without moving up first, I will average down to fill my trading position. I agree on the market and have accumulated puts where I see a topping out in progress.

To: Gary Burton who wrote (58801)	1/20/2000 2:57:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

You guys are brave with financial services. Slider has some good comments to keep from "losing your Ass"ets in post 58793, but I tend to agree strongly with Chatman's comments in post 58798: Trend is not your friend We are in a rising rate environment Just because it is a good price now doesn't mean it won't go down a LOT more. We investing in this industry, of all the investors, should know that. When the financial services fall out of favor they REALLY fall. My personal opinion is that it is WAY too early to be rotating from oild into financial services. I'm not saying the idea isn't sound - I am planning to do that myself, and have been for quite some time. I am saying this is not the time to be doing that. For those of you going ahead, I sincerely wish you luck. I am staying right here for the next few months (at least). I am tired of being too early to arrive at, and leave, parties.