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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Tom Pulley who wrote (83553)	12/15/2002 5:57:24 PM
From: Doug	Read Replies (2) of 99985

Tom: The market is extremely nervous. We should have seen a climax selling for investors to say "its is near valuation". I believe such a climax selling may be on its way. It appears that the Adminstration is betting that if they can provide a steady oil flow at $15/barrel, they will be guaranteed another term. Such a policy has very serious long term geo-political ramifications that have not been sensibly evaluated. Good luck.!

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