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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (15915)	1/28/2003 11:09:03 PM
From: James F. Hopkins	Read Replies (1) of 19219

RE >> And as long as the war drums keep beating without resolution light at the end of the tunnel, there will never be capital build-out. << Taht is perhaps the biggest part of the problem, but not all of it. We also have to have capital to build out with, but what we have is more debt than capital. It's not just State budgets that are in a bind, its a lot deeper than that. ---- A few Billion here and there would not be so bad, but over 7 trillion $, has gone to money heaven, bailing that out seems to be more than low interest rates can manage to do. --- The game is a consolidation of power.. they bust every thing they can and buy the pieces for pennies on the dollar, it's called monopolization. Meanwhile beating the war drums to distract every one.. This market don't have a prayer if oil stays above $30 a bbl. The only other way out is massive inflation, stocks may go up if we inflate enough, but what good will that do if our cost of living goes up even faster. They have the market just where they want it, and it's not coming out until the Oppenheimrs' of world want it to. I can't prove it but I'll bet 70%+ of all the known oil reserves in the world have been sold forward..( at much cheaper prices ) and the gang I'm talking about owns the contracts. Jim.

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