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

To: William JH who wrote (60254)	2/14/2000 11:59:00 AM
From: The Ox	Respond to of 95453

If I didn't have some other stocks, the last few months in E & P land would have put me out of business. Forgive me for using you as an example but it's perfect for the point I'm about to make. Being over-extended/invested in any sector is not something anyone should take lightly. If any one investment or sector can ruin you, please consider alternatives. This is true in business, investments and life in general. Too many people get blind sided by events out of their control and to risk one's future in the stock market is a big mistake, IMO. Spread the risk and gauge your risk adversity! Best of luck and just my opinion, Michael

To: William JH who wrote (60254)	2/14/2000 1:11:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

Oil stocks problems reflect more than just worries about what OPEC will do. Cyclical stocks in general have been quite weak of late -- not just energy. I know this will be anathema to Big Bull and Wallenchuk, but now looks like the global economy will slow quite considerably before long. This possibility seems to weighing on all economically sensitive stocks here. I still see the key event that will turn the cyclicals around as the popping of the tech bubble. No way will Greenspan relent as long as the NAZ in la la land. But once the NAZ comes down to earth investors will not have to worry about more tightening for a long time to come. And we may even get some easing of monetary policy.