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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (31136)	7/17/2001 8:58:56 AM
From: Paul A	Read Replies (2) \| Respond to of 37746

Thanks Dlph! Your absolutely right.. which is really the main reason Ill be 100% cash by about 10:00am this morning and staying that way till next week : ) RBAK would be a trade based more on its past history rather then the chart or fundamentals.. Its a traders stock, and at these levels there will be a point where people come back one last time to play the 'game'.. and consolidation in this sector is a real possiblity, no?

To: DlphcOracl who wrote (31136)	7/17/2001 9:17:04 AM
From: DlphcOracl	Respond to of 37746

Here's a sure thing: read on. One sector that has been decimated over recent weeks is the utility and energy sector. Both the oil & natural gas companies/oil-drillers and the new-age utility companies have sold off drastically for different reasons. The oil & gas companies have sold off because of fears of "oversupply" and and decreased demand resulting in falling gasoline and natural gas prices. This is a temporary hiccup. If you think that the energy crisis has been resolved in the past two months, guess again. The utility companies such as ENE, DUK DYN, CPN, etc, have been sold off because of fear they will not be reimbursed by California. Buying into this sector is a no-brainer that will (IMO) give a 50% gain in 6-12 months. You can buy individual stocks or a good quality mutual fund such as ICENX.