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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Michael who wrote (14966)3/13/1998 10:43:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
I don't know why, but it just seems to do that way, My guess
is that most of the people who invest in it have better
information than the regular herd does.
I forgot to add, "stay out of the oil sector" I've been telling
people to get out of oil for months now. The money coming out
of that sector will also have to find a place to park.
The big boys have been holding the door open for one anther,
and easing out for a while.
Low crude prices translate into lower cost for most things,
it's like a shot in the arm to the economy..energy is like
a tax factored into every thing, low cost energy is as good
as lower interest rates or lower taxes..it won't last but
for now it's giving us an extra boost.
Jim