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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Gary Burton who wrote (53435)10/24/1999 8:53:00 AM
From: oilbabe  Read Replies (2) of 95453
 
Gary I agree with you on this weeks predictions.
The CBOE put call ratio is about 30 (puts) to 100 (calls): fairly bearish reading I think. The S&P 100 is about 125-100, down from 167-100 last week. This week should be at best neutral to more likely down strongly.
Also noticed that the Fed reported this week that margin debt jumped to a record $179.3 billion in September, up from $176.4 billion in August, breaking the old high of $178.4 billion just reached in July.

Interesting week ahead!
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