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: isopatch who wrote (89740)	4/5/2001 11:23:41 AM
From: BigBull	Read Replies (1) of 95453

Oh yes indeedy, and he frames $64 bazillion debate going on right now quite well! Still like my "Perfect Storm" analogy. Greenspan and soon the ECB finally read the weather report and decided to head back out to calmer waters. Question is; will the Andrea Gail be able to get up enough steam to ride over that 100 foot wave of overcapacity/bubble mania induced debt? Already we are seeing the beginnings of the coming telcom implosion with the LU rumors of yesterday. The Suria article has convinced me that it is coming in spite of lower rates. Still way too many huge leaks in the dyke for me to be buying rallies. Imo the Gail will make it but just barely. Why? Soon a full tilt boogie worldwide liquidity pump. But the Gail may have to be eventually sold for scrap and may never sail again.

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