Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (77012)	10/23/2000 11:10:44 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Sharp...re" "The Perfect Storm"... - you're on a roll - sharpie ! <<Inflation, monetary policy and oil prices are converging at the same time, threatening to bring down Wall Street's spectacular bull market.>> - doesn't get much more simple than that; now does it ? - amazing how purely simplistic reality is.... - add to that; historic valuation multiples and a "STILL" near record margin level of $251 Billion - that Greenspan "MUST" and "WILL" take out of this market... if we take the margin out here at NAZ 3000-3500; where do you think the bottom would be ? The ESF could not & would not let the markets go into freefall right here, right now - just weeks prior to a US Election - it would be destabilizing to the Global Markets.... but - it should NOT be lost; that the market tried to do just that, not once, but twice in the last few weeks - only to be "stabilized" by the ESF.... tic toc ~ The Republicans are once more; going to walk head long into an economic debacle ... ....hmmmm; now what was the term for inflation meeting a recession head on (VBG) ? - how's the song go ? .... what goes up, must come down - spinning wheel - gotta go round.... C'Mon O&G - one last breakout run - just one more & hurry up - puuuuhleeeeeeeze... I wanna take my Gold & Cash and go home....

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