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To: Ilaine who wrote (19496)3/17/1999 9:20:00 PM
From: BlueCrab  Respond to of 71178
 
>> Maybe S&P Mid-cap, maybe Russell 2000 mutual fund? It can't stay down forever, can it? <<

Nothing fiscal ever does. Sooner or later everyone gets their pop. One thing for sure, I smell a sucker's rally in the oil and gas stocks. Someone tell me when any fake price increase ever held. Just read where several companies are hitting megaproducers (I mean, we're talking single wells with the capacity to produce 12k BARRELS a day; we be talking Bradford or Spindletop here...) off the west African coast; tell me those countries ain't gonna be pushing the valve with both hands.

One thing for sure, if the oil price increases hold the auto industry is gonna lose their shirts, and SUVs are gonna be worth the plastic in their steering wheels.

I'll hold my small-cap techs and wait for the big 'uns to come back to reality.