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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (4648)9/20/2001 6:59:10 PM
From: X Y Zebra  Read Replies (1) | Respond to of 33421
 
However, we're also looking at inflation worries as the USD declines, as well as higher cost of imported energy.

Thus, oil stocks should do alright, as well as alternative energy stocks (Ballard and a few others)...


That is assuming that the demand will be there. If not, given that consumer is over extended or simply not willing to spend or travel... oil could become less expensive.

Thus, making alternative energy less attractive.

Frankly.... too many if's; the truth is that there is too many unknowns so uncertainty is king. Making a long term bet on anything quite risky. Long for obvious reasons, or short, since the probability for a tradable rally is ever present.

What say I ? I say scalp and day trade until we can see... rather until corporate leaders can see in a more definable fashion, what's ahead.