EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: GVTucker who wrote (11201)	9/22/2000 3:33:03 PM
From: Bill Fischofer	Read Replies (3) of 17183

But I would. <g> Clinton isn't about to let oil derail Gore's election chances, so I don't see oil doing anything but trending down between now and November. Beyond this, long term forecasts are projecting a milder than normal winter in the northeast (global warming?) so I think the heating oil scare will prove to be yet another false alarm. Of course, if Saddam does something stupid then anything's possible, but by next Spring/Summer I think oil will have worked its way back into the $25-$28 trading band that Saudi Arabia has said it wants. What the Saudis want they'll ultimately get. P.S. As I was finishing this post, CNBC is reporting that Clinton is ordering a release from the Strategic Petroleum Reserve. Say goodbye to $35 oil for now.

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