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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: LARRY LARSON who wrote (1751)7/10/2000 6:10:09 AM
From: Edward M. Zettlemoyer  Read Replies (2) of 2742
 
Larry, <Off Topic> on TLM, IMO the recent price of oil issue triggered a lot of "stop loss" brokers orders which sent TLM into a freefall. I expect a recovery as stochastics indicates that a bottom has been settled and reflecting a buy signal in (hopefully) next couple of trading days.
Back to LOILY,(same politics). My gut feeling is that President Bashir is warming up to U.S. politics to get sanctions lifted, or maybe I have this backwards. Perhaps the Clinton administration is warming up to the Bashir administration, better U.S. politics than China. Anyways, on the political scene, the fighting seems to have escalated:
sudan.net
sudan.net
sudan.net
However, what I find interesting is that Mr Turabi takes his political campaign right into the heated war zone.
"The government intends to introduce secularism in response
to foreign pressure from countries hostile to Islam," Turabi
was quoted as saying at a public rally on Thursday at El-Obeid, a town 350 km (220 miles) southwest of Khartoum. Ref: sudan.net Very strange relationship between politics and news these days. eom Ed.
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