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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (4281)	5/8/2001 2:37:49 AM
From: Libbyt	Read Replies (1) \| Respond to of 23153

.. that p/e's work just about in reverse for cyclicals. Thanks for the "input"....I appreciate the feedback, and the information I've learned from mainly being a "lurker" on this board. As for the end of the cycle, you have to look at so many different things that it makes your head spin. OPEC, inventories, rig counts, world economy, gas injections, conservation, capex. As we all know, it's an art, not a science. This is obviously not my area of expertise....and I understand your point that the general indications are "telling you" that this might be the top of some of the energy company prices, and most likely not the best time to invest in some of these companies.