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Strategies & Market Trends : MDA - Market Direction Analysis

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To: patron_anejo_por_favor who wrote (59619)	9/30/2000 7:20:55 PM
From: MDGO	Read Replies (1) of 99985

Until a short time ago oil prices were reasonable and neither republicans nor democrats called for an energy policy other than Gore who for many years called for more fuel efficient vehichles, environmentally sound policies etc. Not to long ago Bush accused Gore of attempting to destroy the I.C. engine and industry. Now Bush calls for exploration in Alaska. It would take 10 years before a barrel of oil hits the market. 3-4 years re-regulations, lawsuits by Alaska etc. Bush and Gore are making promises that neither can keep except for the one gigantic tax cut by Bush after which little will be left for anything else. And the possibility of a slowdown or recession is likely. The economic cycle hasn't been repealed.

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