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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (4552)8/8/1997 1:47:00 PM
From: Jim Rathmann   of 9285
 
Super call Jon ... If this turns out to be the start of the correction, what do you think of oil companies as a long hedge...
Oil prices seem to have discounted the Iraqui selloff (due to previous short selling) .. Higher oil prices could lead to inflation and further damage to the general market ...
Oil may take the place of gold as an inflation hedge...
jim

Roger ... I think the AOL announcement may have been the coke foaming all over the table...
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