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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Terry Whitman who wrote (72579)10/28/1999 9:58:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 86076
 
Terry, October/November are just before the winter in the most industrialized nations and usually oil is at it's peak pricing until February.

A softening of crude prices from their former level to average historic levels indicates to me that the demand in the industrialized nations is not as strong as before. Less transportation, manufacturing etc.

Also retail sales are soft and retail stocks are in a bear market price cut in half for most retailers.

The big tech stock indicated soft sales ahead (IBM, HWP, XRX) and also consumer goods G, KO, MYG etc.

Real Estate market is less soften also evidenced in the ECI comision section.

As to AG he flies with the political wind and IMHO he does not wen to quit - retire. I think he is starting to be senile. As to his board they do not know were to go or how to handle the whole financial situation therefore the mixed signals.

BWDIK
Haim
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