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

To: jim_p who wrote (85842)	1/31/2001 11:39:49 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

"oils are dead money until March-April" Think there may be more downside ahead till we know how deep this recession is going to be. Don't even have a guess about that yet. Notice that SMOP is your only NG E&P. The rest of your patch positions are in OS. My read of the relative strength of the 2 sub-sectors moving forward has been leading me toward the OS and away from the NG E&Ps this month, for the 1st time in over a year! In fact, till last Sept/Oct, was very heavily overweighted there. Looks like we've come independently to the same conclusion about the patch. Am more interested in defense than tech. But agree with you that tech will outperform energy for the next few months, at least, on any market rally. Might be a little ST weakness to get out of the way first, however. Best regards Isopatch