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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15860)11/30/1998 4:39:00 PM
From: Franco Battista  Read Replies (1) of 18691
 
" Lower oil prices are bullish....... "
I have to disagree with you on that one Roger. Falling oil prices and commodity prices in general tend to point toward deflating economies, since lower demand for these products would signal a slowdown in production of a variety of goods. Also bad news for various countries who depend on the revenues the sales of these materials provide in order to pay their loans......
BTW great day for FSTW. Congratulations. Finally a real company whose stock goes up.
Joe.
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