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Gold/Mining/Energy : Games Trader -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (1152)9/13/1999 9:12:00 PM
From: John Paquet  Respond to of 1239
 
In 1990, when George Bush was president of the United States, he declared 100 days Gulf War and push that oil price to $40.00 a barrel, now History might repeat at itself, but Bush lost election to Clinton in 1992 despite the fact that U.S. was in small scale recession.

OPEC in cnjuction to other factors some what maintain that bullish view of crude oil, sure it had a good move today, tradeded into that $24.50 territory, soon $25.00 soon $35.00 maybe $40.00 as repeating history, this time maybe George Bush Jr. In charge. Clinton is out by 2000, Al Gorde maybe defeated, U>S. will be in recession again.

Wawawawaaw!!!! What a scenario to say the least. Anyway wait September 22, OPEC meeting and see the outcome.

I am bearish on general market, I should have two months or three vacation instead of one, you see.

John Paquet