Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Murray Grummitt who wrote (14502)	6/19/2002 9:59:43 AM
From: Frank Pembleton	Read Replies (2) of 36161

Murray... I read the Kaplan report and I agree with it .... POG is range bound for now ..... Short-Term -- the financial news doesn't get much crappier than this and the only thing I see holding the U.S.D. from a complete cliff-dive is the possibility of a decisive move (as opposed to divisive) from the White House, which means war. IMHO, the dollar will get stronger (like it did after 9/11) when the President becomes hawkish. Look for a major move in the POG with the "divisive" fall elections and a swing to the left in U.S. politics. Long-Term? DDGU... dollar down, gold up! Regards, Frank P.

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