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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (6671)9/11/2000 11:18:34 PM
From: gamesmistress  Read Replies (1) of 13094
 
If The Economist is again a contrarian indicator, I would interpret its picture of the Arab and falcon and its headline, "Is oil poised to strike?" as meaning:

1) OPEC doesn't matter as much as it used to.
2) Oil doesn't matter as much as it used to.

IMO the first is already true, and the second is partly true. But it may not make much difference for several months, especially if any of those "seemingly small problems" kick in, like a very cold winter, or Iraq deciding to cut off production.
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