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

To: Sweet Ol who wrote (38447)	1/14/2005 3:34:49 PM
From: jim_p	Read Replies (1) \| Respond to of 206326

Good points, but: 1. Energy stocks are not cheep. They are also not growth stocks and should not sell for high PE's. 2. The markets are looking out 6-12 months down the road. You're playing with getting the extra nickle out of the end of a cycle. Pretty tricky if you ask me. 3. Where is the upside from OSX 125??? The perfect storm of 2001 ran it up to 140, but the NASDAQ was coming down from 5000?? So where is the top in a normal market vs. a bubble market??? If Que and Frank get their "dreams come true" the top will not exceed 140 and the oil stocks will have a hard time if the sell off in the general market falls hard. Good luck to all, but I'm waiting for the next up cycle to start 12-18 months from now. Jim PS: Hard a great bowl of black bean soup yesterday, but not as good as the one coming up:-))