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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (21332)	5/4/1998 1:12:00 PM
From: Tulvio Durand	Respond to of 95453

Oil Services is listed first among most favored industries n poll of money managers. Internet is among least favored. Also note somewhat bullish forecast for rest of 1998. Tulvio $$$$$$$ New York, May 2 (Bloomberg) -- Oil services, financial services, insurance, banks, semiconductors, communications equipment, real estate investment trusts and health care are the industries most favored by 230 money managers surveyed in Barron's ''Big Money'' poll, the paper said. The least popular industry groups cited were basic materials, computer hardware, utilities, tobacco, airlines, banks, networking/Internet and semiconductors, according to the poll, which was taken early last month. About 2 percent of those polled described their outlook for the balance of the year as ''very bullish,'' 38 percent said they were ''bullish,'' 34 percent said they were ''neutral,'' 20 percent said they were ''bearish'' and 6 percent said they were ''very bearish,'' the paper said.

To: Thomas M. who wrote (21332)	5/4/1998 1:20:00 PM
From: Bazmataz	Read Replies (1) \| Respond to of 95453

I have to laugh when I read posts like yours. Garzarelli has on three separate occasions called for market declines of 15-20% in just the past three years! Every time she does it, the market tanks, but temporarily, and then recovers. Remember - that's what was partially involved with last July's decline. She called for an increase in S&P of 10% by year end 1997, then THREE WEEKS LATER called for a decline of 15-20%. But then it seems people only remember how "bullish" she's been since 1987. It's amazing how people only remember the "one good call" these analysts make and then think they've been right forever. We could also debate whether or not she "really" called the 1987 'crash' or not. IMHO she did not. Truthfully, even thinking about her is a waste of my time. Good luck, Baz