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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (37953)7/28/1999 9:56:00 PM
From: Baba 2  Read Replies (1) | Respond to of 116998
 
hutch,

<<<<What crisis? When AOL drops 5% is that a crisis. When OIL rises 40%, is that a crisis.>>>>>>

c'mon pal even you have to admit that the AOL's of this world..(.com's)..have had their run and are way overpriced....they eventually will find a fair value but have much more to go on the downside. As for oil, 40% from $13 a barrel is no way near cause for alarm... Come on Hutch even you know the price of oil should be considerably north of $13....where it might wind up is any body's guess but in my VERY humble opinion, $35-$45 barrel by Jan 2000 is not out of the question. Is that a crisis???? You bet your socialistic ass, but a POG in the $300-$325 range isn"t gonna hurt noboby, Ron Reece and and your opinion's aside....