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

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To: upanddown who wrote (43731)5/2/1999 8:32:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
John:

Thanks for that Larry Kudlow quote!

As I have already said, this guy and his mentor Wayne Angell are ideologically committed to the idea that oil and commodity prices will remain low forever. If oil goes up and stays up their credibility as forecasters will take a huge hit. These masters of the universe apparently were too wrapped up in their esoteric theories to realize that oil had fallen too low for even the US government which has a strong interest in Mideast stability.
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