Intel Strategy for Achieving Wealth and Off Topic Message Board

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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 38.16

+2.5%

Nov 7 9:30 AM EST

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To: Sonny McWilliams who wrote (26507)	9/20/2000 11:15:45 AM
From: William Hunt	Read Replies (2) of 27012

Sonny ---- Good Morning ---Oil 1) Economies are slowing in US and Europe 2)Oil prices keep going higher 3)API said that we have lower inventories per yesterday report ---Heating Oil stocks down 28 % from last year level 4)Oil prices have gone from 17.00 a year ago till 37.50 today 5)API indicated imports were lower this past week for oil import products 6) OPEC says they are pumping more oil What is happening in my opinion is that the BIG OIL companies have gone to just in time this past year lowering their inventory costs which should have lowered oil costs . (Have a problem with this since oil is such a critical commodity for day to day living ). OPEC is not pumping what they are saying or every oil tanker in the world is loading to the gill's with oil . Cannot believed the US government ( with no energy policy ) cannot at least track the flow of oil at least in due to the national interest . Bottom line what OPEC says and does is two different things. Boy I wish the Republican party would make this a big campaign issue --cannot understand this or am I missing something ? Watch for Clinton to tap the reserve to lower oil prices before the election . Market down ---big boys still balancing their positions . It is funny the way they tell us to buy and hold ---then they moved in and out the market the way they do . Any way a pretty day back east ---hope things are going well BETS WISHES BILL

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