Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

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10:33 AM EST

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To: Sonny McWilliams who wrote (26135)	5/30/2000 4:54:00 PM
From: William Hunt	Read Replies (1) of 27012

Sonny ---The houses did not buy today ---it was mainly the retail investor . Hopefully we will get some indication of a slowdown in the economic reports the next three days or the houses will take advantage and sell their inventory . It was amazing to see gasoline futures hit a high today of 1.00 a gallon . With taxes that means the cost is at least 1.35 to the oil jobber in your neighborhood . This with Opec saying today they plan to increase production at the end of June . With oil companies cutting refinery production , the EPA tacking a nickel for the so called cleaner gas and Opec being a monopoly you have to wonder if Greenspan is really going to back off the interest hikes . Not trying to be negative but the logic of oil staying high does not bode well for the FED backing off . quote.bloomberg.com BEST WISHES BILL

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