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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: anyer who wrote (3993)	9/6/2001 1:58:03 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 206332

Energy putting in a bottom... I think that's still far too early to call. The general market is just starting to enter the capitulation phase. Every other fall for the past few years we've seen energy stocks get sold so those fund managers can rotate into other sectors. It may happen in the reverse this year, but I'm not betting on it.

To: anyer who wrote (3993)	9/6/2001 2:10:11 PM
From: Tommaso	Read Replies (1) \| Respond to of 206332

FTO certainly has an incredibly low P/E that (unless, as we all know, OPEC cuts off its nose again) ought at least to cushion it against serious losses. Do you own any yet? How long have you been following it? EDIT: Oh, I see it is purely a refiner, which I did not know. But I guess in general higher prices mean higher margins for refiners.