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To: BigBull who wrote (72776)	9/9/2000 1:27:13 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

How does one get charts for OSX and E&P stocks during the '73 oil shock? Slider's spoken on this topic before but no real specifics were given. He had said that everything went down, but what's the lag time? Considering our tight excess capacity situation I would think there has to be a lag time in which people pile into oil stocks (like they did with tech last fall). '73 was entirely an OPEC phenomenon. 2000 is more of a demand/supply problem (not to mention NG). Also if you look at the charts on most of the OSX issues for the '97 boom you'll notice the frequency of double tops. The 2nd top was definately a little lower but it was there. Yes, there were some that simply hit peaks and decended, but they seem to be in the minority. We may not the catch the absolute peak, but there will be time to leave 2000-2001 with substantial profits intact. I think too big of an issue is made about exiting this sector. I think it can be done more gradually than is generally perceived (there's always late cycle plays as well to rotate into - FGH, PGO, KEG). TA wise any boom that last this long will most likely retest highs before expiring. JMHO. quote.yahoo.com The techs when they hit 5000 tested it twice too, although the space between the peaks was very tight, but I attribute that to the sharp slope upwards. 207.61.23.98

To: BigBull who wrote (72776)	9/9/2000 2:25:50 PM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 95453

I expect to be VERY LONG OSX right before earnings. I hope to buy HAL under 47, RIG under 56, GLM under 28, ESV under 34, and DO under 39. I believe that NASD is about to begin what I think will take that 250p/e to 50-100. If you can figure that out you would know I think 2200-2600 is about 2-4 months away if not sooner. As the money RUNS from high tech I do believe with the earnings growth in the OSX there is no better place to be over the next year. I just want crude to stabilize/ correct to 27-30 before I begin to go long. Also I do believe this winter will be the coldest in the last 3-4 years.

To: BigBull who wrote (72776)	9/9/2000 3:55:22 PM
From: jim_p	Read Replies (2) \| Respond to of 95453

BigBull, I'm starting to build a position in FCX at around 9 5/8. I like FCX because it is both a gold and copper play, and copper is at it's 52 week high and trending up. FCX is projected to earn $.37 per share this year, and $.91 in 2001. If copper continues it's current trend that number could increase. If gold takes off, so will FCX. If gold does not take off, FCX is a good copper play and selling at about 10X next years earnings which will be up almost 300% year over year which gives you a lot of protection on the downside. Looks like FCX has a clear bottom and is trending up with the potential for a easy double or triple. I do believe we will see higher inflation. Once the dollar reverses from it's current bull market to a bear market, it will be to late to get in at a good price. I don't see the dollar continuing it's current path for much more than a month or two at the very most. JimL what's your take on the FCX charts? Assuming we have high inflation, are there any other good investment ideas on where we go after the oil play is over? I'm open to explore anyone's ideas. Jim