Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (1123)	6/17/1997 11:08:00 PM
From: Val	of 94695

Bob: You know a lot. Agree with most of what you said. Would like to note on interest rates - my belief is that it will be rising interest rates that will do the big Kuhuna damage - when it comes. Your declining interest rates auger well for share prices. There is much optimism but there are polls which clearly indicate that you and I (to the degree that we are) are not the only pessimists for some point in the future. As for oil: Rising world demand should offset Iraqi return to oil production. I think of China especially. Fossil fuels, like land, exist in a finite quantity. Populations continue to grow (well over 5 billion now) and industrial capabilities also grow - fossil fuels do not. We are catching up now. At some point fossil fuel prices rise quite a bit - I think we are near this point. Enjoyed your comments, late for a meeting. More later if you wish. Val Sorry for my hurry.

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