Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SargeK who wrote (38674)	3/2/1999 2:41:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Highly inflationary Auto Sales #'s out ! ...it continues. The Fed did what it had to do to stop a liquidity crisis; now the liquidity that has to create inflation is starting to rear its head here in the US - wait a few months more, watch the rate hikes; and watch the Global inflationary signs. It's math not wishfull thinking. The Fed did NOT want to do this; thanks to LTC et al - they had to.. Now they must ''soft land''/ upward rate manage this inflationary pressure... C'Mon OPEC - 22 days and counting, now what ? - 14 trading days left ? Where is the Hot Tub Shiek ? ...he's coming - I smell it... Watch for Crude futures short covering not his week but next; love to see the Saudi's trade some Oil futures right here ... now that would be real ''insider'' trading ...<VBG>. Ps the Bonds do NOT lie.

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