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

To: edward miller who wrote (40475)	3/21/2005 1:21:56 AM
From: energyplay	Respond to of 206118

Thanks for pointing that out about RYVNX. Since 2002, many of the stocks in the S&P 500, Nasdaq 100 (for NDX and QQQQ) have been replaced. Dot com trash has been replaced by small oil companies, basic materials, and some biotechs. Even the whole Nasdaq has seen the delisting / bankruptcy of a bunch of names, like WebVan, Pets.com, etc. More companies are paying dividends, and are in better cash posistions. So I would expect the bottom would not be as low as 2002 - 2003. I am expecting something a little like the 1987 drop of 20%. So far there has only been about a 5% drop - I might be wrong. For the rest of the year, I expect to see a bear market in tech, and a flat to slightly up market in materials and energy.