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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (16701)	1/30/1998 4:29:00 PM
From: MonsieurGonzo	Read Replies (2) of 50167

Ike; RE:" OIL " ...thanks for your thoughts; March crude futures are quite volatile now, with near 4% movements in daily price (up and down). It appears to be affecting not only the XOI.X and OSX.X, but also the TRANS and XAL.X sectors in particular - each move. This last blip up in oil appeared to be a reaction from being so oversold, plus the political bounce from IRAQ saber-rattling. On another note - I thought we might have topped out at 6.2 FFrancs to the USDollar... but now the dollar is quite strong again... What the hell happened to the Canadian Dollar, Ike? I happened to notice it whilst looking up FF and DEM and was shocked at how low it is now. Sterling is still quite strong ?? -Steve

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