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Strategies & Market Trends : The Millennium Crash

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To: gregor who wrote (5528)10/14/2000 9:54:35 PM
From: Rolla Coasta  Read Replies (1) of 5676
 
gregor, I really wish you luck. In the history of the stock market, oil has been the main key to trigger any recession or turmoil. The fact of the matter is that the current Democratic administration doesn't have any energy policy to save the US economy, and we have a closed tie with Israel. The Arab nations hate to see Israel booming in high tech industry while they know they could face trouble if the energy source from oil is being replaced by other high tech resources. Let's see how they play out the current political turmoil in mideast. The best case scenerio, which I hope for, is Israel and Palestine sign a peace agreement. Or the worst case scenerio, which is an all-out war, could be hard to imagine by anyone. I'm really glad the hijeck incident ended peacefully this morning. Anyway, I have been seeing some warning signs few years ago, but managed to stick with the bull. However, the inflation problem keeps haunting the economy and the FED since late last year. That could be the main problem down the road, unless we really have to cool things down. In all, WallStreet could make us rich, but could make us poor as well. I would say be cautious from now on. Best wishes. Q
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