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To: Lucretius who wrote (3353)1/20/2000 6:12:00 PM
From: re3  Read Replies (2) | Respond to of 42523
 
i see your argument, however i don't think the bubble is going to end quite yet.i see a shift from the nifty fifty stocks to the cyclicals..and i think there is a disconnect between crude prices which are high and oil stocks which have not kept up because i think the mkt doesn't believe crude will remain this high...but why can't it ?

besides, you might be looking at american oils like xom...our stocks haven't done quite so well so they have more room.

and this cold snap won't hurt either <g>