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To: pater tenebrarum who wrote (62613)1/29/2001 11:56:08 AM
From: timers  Read Replies (1) | Respond to of 436258
 
if rally ensued after cut would not that make the wave cycle theory rather useless as first an inversion and then continued climb? wave cycle theory on trial it seems.



To: pater tenebrarum who wrote (62613)1/29/2001 11:58:55 AM
From: LLCF  Read Replies (3) | Respond to of 436258
 
Yep... on the other hand anything over $3.5 mcf and these guys all start raising dividends like nuts... got hedges rolling over. Totally misunderstood group IMO, people still afraid of them... but that's OK with me.

Also, Merrill telling clients [me] this morning that AG will do whatever it takes to reignite growth.. suggest investors adjust their portfolios accordingly and look for opportnities in areas that would directly benefit from an inrease in mortgage refinancing activity. Amound them are the building and constructin-related groupls and producers of electronic gadgets and other leisure items. Looking from another 2-3 months in this rally.

DAK