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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: upanddown who wrote (56899)12/14/1999 8:21:00 PM
From: BigBull  Read Replies (1) of 95453
 
John, thanks for the additional API numbers. VERY REVEALING n'est pas?

Implied gasoline demand = 9.01 = immense for this time of year. Now you know why I don't care much about weather. These numbers have come in with the warmest fall in quite some time, have they not?

The great Y2K money pump of '99 will create 4th qtr US gdp growth numbers in excess of 6.0% (wait for the revisions). I'll go out on a limb and say 7.0% (the numbers WILL be stunning - bet on it) The energy demand numbers will shock and stun. Nobody, but nobody has been factoring in demand. I predict the following GDP growth figures for B2K.

US = 5%
Europe = 4%
Asia = 7%
Latam = 3%

The Vectors of supply and demand have crossed. The Story is no longer OPEC. For tech stocks "Hannibal is at the Gates". And don't think for one New York minute that those bond traders didn't know this number was coming. So the Info Bahn just sprung up one giant toll booth. I wonder whose gonna pay? Not me brother, not me. <g>

PS There ain't gonna be enough rigs - bet on it.

Moody Stuart better get up of his dead and dyin' --- and develop every single one of those GOM discoveries. If he doesn't I suggest the US Govt. impose stiff daily fines on ------. Just kidding.
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