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Strategies & Market Trends : Strictly: Drilling II

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To: t4texas who wrote (14988)7/1/2002 11:10:53 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
t4, -- i have not seen much concern registered -- you won't get that from this thread - it seems we're all in agreement here... :) From what I've seen in Big Dog's BBR - the best traders have already pulled out, leaving the same permabulls posting the same perma-bullish arguments - time and time again.

It seems to me, if we're expecting a summer rally (led by techs?)- I suspect the reason will be ridden on the back of "cheap" energy prices - and a reasonably peaceful ME. Also methinks some strong polling from the Democrats - going into this falls elections - will add some leverage to a stronger market.

Regards,
Frank P.
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