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To: Ruffian who wrote (37413)	7/30/1999 6:17:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

Head and Shoulders Here is a real one. I've never seen a real one before the event. It looks like one to me, but then, I'm not a TA. It's just for interest. With oil on a big high, dragging spending out of the economy and into Saudi Arabia's bank account, which probably sits there in USA T-bonds, not doing anything and driving interest rates down, there is going to be some economic outcome. Actually, I think Saudi Arabia owes a lot of money, so it will probably just balance the books. In any event, it is skewing the economy a long way. The money is now in the pockets of those who loaned to Saudi Arabia, or Saudi Arabia rather than Joe6Pack who was gonna buy some gas and a trip on a plane to some nice holiday location. Oh well, he can still affored a ThinPhone. What do Arabs buy? I guess guns. So that will be good for the USA weapons industry. Also plane trips. Hotels. Airconditioning. Cars. They don't need to buy gasoline. Meanwhile, the stock markets will definitely get a touch of 'good grief, this isn't how my investment portfolio is supposed to look' and some panic selling. Yes, yes, I know people are supposed to keep emotions out of investing but the people who say that are dishonest - they have emotions and so does everyone. Check out the 'gone postal' guy who was a day trader for some emotion in 'investing'. The way school kids and day traders are doing population reduction the price of houses will fall due to lack of demand. Overall it looks like a bit of a jolt for the markets to adjust to oil prices and head and shoulders outcomes. bigcharts.com Mqurice Dow 8314 by 21 August. [That's the third 'launch' date slip!!!] Dow 16,000 Feb 2002 [oil will be cheap again].