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Strategies & Market Trends : Bill Fleckenstein, the BEAR! Is he finally right?

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To: Colleen M who wrote (234)3/11/2000 10:16:00 AM
From: Mike M2   of 259
 
Lew, no thoughts on oil . It snuck up on me- like most people i guess. My friend bought an oil service mutual fund about a year ago reasoning that sooner or later oil would rise . the fund has double since Jan. I cannot tell you when the US bubble bursts but when it does I expect a global recession so that may depress the price of oil. mike
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