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Politics : Idea Of The Day

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To: Jerry Olson who wrote (33518)9/22/2000 4:08:46 PM
From: GROUND ZERO™  Read Replies (3) of 50167
 
That's the most bullish oil news I've heard... here's why... OPEC just announced that for each drop of oil that Clinton releases, they will cut back on that amount of production... here's why it's bullish... when Clinton made his announcement, the oil markets still had two full hours to trade and the selling was slow and reluctant... that means there was buying coming into the market also while nervous hands let go of their long positions... now that the markets are closed, OPEC made their counter announcement... so, will the oils open higher or lower on Monday? Sounds higher to me...<g> I think this was nothing but a great buying opportunity in the oils and natural gas... technically, the charts are just coming down to their support levels... a lower opening on Monday, if it even opens lower at all, is an outright buy just like the US stock markets were this morning.....<g> this is the greatest game in town.....<g> I loaded the boat with stock index futures last night and this morning..... hahahahahahahhaha.....

GZ
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