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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Logain Ablar who wrote (3829)4/29/2001 7:28:25 PM
From: John Pitera  Read Replies (1) of 33421
 
Thanks for your thoughts Tim. both VLCCF, and TK are in the oil shipping/tanker business.

talking about shipping generally I recall Ron Insana commenting how the large shipping containers where
stacking up on Jersey ports a few months ago, a sign of reduced shipping activity. WIth the US trade
Deficit contracting that also indicates that shipping flow is contracting.

Buffett and Munger with comments this weekend about 6% profit growth being more realistic.

John
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