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

To: SliderOnTheBlack who wrote (81691)	12/14/2000 11:45:34 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

theSteet.com - OSX rally will fail NT due to lack of volume thestreet.com I've become quite cautious again as well - not that I haven't been since the OSX first broke 110, but hey the Nasdaq can't even hold above 3000 with a Bush victory. That says it all. Since everyone expects Greenspan to go to neutral I can't expect much of a rally there either, but it could be ST catalyst to maybe rally back above 3000 (briefly). I used today to increase my gold exposure as well. Now up to 35%. Completed my position in HGMCY. Over 50% cash still. Looks to me the Nasdaq is going sub 2500 within the next month or at the very least it'll retest recent lows. 207.61.23.98 JPM and CMB warned today, but not about credit quality. They said capital markets were drying up. Had they hinted about poor credit quality I think you'd see the DOW down closer to 3%+. It's only a matter of time though with the slowing economy, depressed asset prices (stocks) and high energy bills that the credit quality issue hits the fan. Tried to short SII today, but my broker said no shares were available.

To: SliderOnTheBlack who wrote (81691)	12/14/2000 2:16:13 PM
From: isopatch	Respond to of 95453

Yep. "Ching Ching" now or get my bell rung later(g). This looks ugly/eom

To: SliderOnTheBlack who wrote (81691)	12/14/2000 2:58:17 PM
From: Gary M. Reed	Read Replies (2) \| Respond to of 95453

Nancy Tengler on CNBC is the posterchild non-specialist institutional energy investor; with her quote of - "why own energy; with these prices - they've done nothing !" Hehe, yeah I saw that, but the irony was, Haines rattled off her biggest holdings and they were a collection of loser stocks...so the flip-side to her energy stock statement would be, "well then, why in the hell do you own this sh*t, 'cause it's doing worse than nothing!" Agree 110% about Maria's pimping the Cal producers as being nearly criminal...yet another example of how she merely parrots what the firms tell her, rather than do one iota of investigation to see if they're blowing smoke.