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

To: jim_p who wrote (5928)	1/7/2002 9:31:34 AM
From: Henrik	Respond to of 206325

<<HAL closed up 11% in Hamburg>> Jim, The DAX is still trading - 4 1/2 hours to go. de.finance.yahoo.com (11.55 EURO = US$10.29) Good luck today

To: jim_p who wrote (5928)	1/7/2002 10:04:37 AM
From: Tomas	Read Replies (3) \| Respond to of 206325

Energy Stocks are at the Bottom of a Cyclical Downturn with a Secular Upswing: Buy Now! Raymond James Energy, Monday, January 7 <<Recent energy investment sentiment could be characterized as a fear-driven, cautious psychology that has led to a generally under-owned condition for most energy stocks. A major contributor to this negative psychology has been the underlying belief of investors that “energy stocks always bottom several times before a sustained upward move.” While that was true in the 1998/1999 downturn, we are convinced that today’s energy fundamentals are far different than those experienced in the downturn several years ago. In fact, we believe today’s environment is much more similar to that experienced in the 1972/1974 timeframe, when energy stocks experienced a two-year run-up followed by a recession and subsequent nine month sell off. In the 1974 downturn, however, the stocks experienced one bottom in the late fall and never looked back. Likewise, we are convinced that energy stocks have already seen their lowest levels and as strong commodity fundamentals become visible later in the first quarter, the stocks will begin to run. In other words, we believe the energy stocks are near the bottom of a cyclical downturn within what we believe is going to be a longer-term secular upswing. That means that now is the time to be buying energy stocks!>> Full analysis: 170.12.99.3