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

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To: BigBull who wrote (63722)4/4/2000 1:12:00 PM
From: BigBull  Read Replies (1) of 95453
 
Well now, Naz has only 300 points to go to get to the 200 dma! ;o{}

So anybody care to comment on the implications of Black Monday and Blue Tuesday?

IMO, at the very least; NO more interest rate hikes in the forseeable future out of Mr. Greeny. Quite possibly a REVERSAL of policy! I wouldn't want to be in Greenspans shoes come next Humphrey Hawkins meeting. OOOOOOOOOOOOOO is he going to get raked over the coals for OVERDOING it! The yield curve is now sharply inverted. And you guys thought the pressure on OPEC was heavy? I bet the hot lines from the White House, Wall Street, AND Capitol Hill to the Federal Reserve are ringing off the hook today, baby! Greenspan in the HOT SEAT!!!!!!!!!!!!!!!!! Greenspan better PRAY there are no LTC's out there.

Whew! the whole years gains in the invincible Naz - WIPED OUT in 2 days! Sayonara city, good bye, arivaderci baby.

My prediction - Rate Cuts coming up!

BWDIK

Bull
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