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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (122730)9/17/2001 12:01:36 PM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
Yea the BS about being patriotic will last about 2 days. The most important point is that liquidity is ample, shorts are plenty and oil was promised to settle between $20 to $25, as per the Saudi Prince on CNBC.

The Euro also was cut 1/2 % which is positive to financial markets

Keep in mind that all those petro dollars need also to be parked some were ........ and that is the financial markets.

I do not see more that 10% upside in short order ... e.g. within a week and then side ways IMHO, until lower energy prices will take the economy higher.

Haim
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