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Strategies & Market Trends : Natural Resource Stocks

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From: SliderOnTheBlack	4/16/2005 12:40:42 PM
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An across the Pond view on Oilstocks: fwiw: Tony Dye is known in the London Markets as "Dr Doom" for his call on the NAZ-Tech Bubble in the USA...he's also been at the forefront of the UK and USA Housing Bubble Story...now he's speaking about the signs of an Oilstock Market top: ["Tony Dye, the bearish investor known as Dr Doom who consistently predicted that the internet bull market was an overpriced bubble, is among those who believe that the price of shares in many of the newly created oil and natural resources companies is too high. "We've seen these cycles before over the years and there won't be many people who make much money out of it," he says. "Every hood, spiv and charlatan who has ever been active in the oil sector has come out of the woodwork," is the damning judgment of one veteran oil investor."] business.telegraph.co.uk

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