MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

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Nov 6 4:00 PM EST

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To: Crimson Ghost who wrote (42192)	3/4/2000 10:39:00 AM
From: Haim R. Branisteanu	Read Replies (2) of 99985

George do not get to optimistic about oil. On an inflation adjusted basis oil prices should be around $28 to $30 more or less. As I anticipate a weakening of the dollar due to the huge trade deficit, oil may actually stay above $30 for a longer while than many think. February PPI and CPI should be interesting as they eliminated the rise in oil prices in January and mitigated the December/November increases. BWDIK Haim

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