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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Fun-da-Mental#1 who wrote (25669)	9/13/1999 11:28:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 99985

Fun, rising oil prices ain't good for stocks, i don't care how many bits and bytes american info workers are pushin around, they still have to have fedex and ups deliver their yuppie etoys and both of dem suckers buy lots of gas. and while i'm at it, when the nasdaq was in this area during last July's earnings runup, they sold the earnings big time, what makes anybody think that earnings (which imo were not as great as advertised) this time will be xxx boffo july. we are in a stiff nas resistance area, the market is in a trading range, you buy support - sell resistance. resistance bway.net lets see if the crystal bulls can come in and support the market bb

To: Fun-da-Mental#1 who wrote (25669)	9/13/1999 11:44:00 PM
From: Casaubon	Read Replies (2) \| Respond to of 99985

My prediction is that oil will never go through that explosive price phase so many have talked about. Other energy sources are becoming more viable such as, solar, geothermal, nuclear, natural gas, conversion of bio-mass from catalytic processes, fuel cells, and more. This does not even take into account the greed factor of increasing oil output (ie. cheating on quotas) as prices rise. Not to mention ever more efficient machines reducing the demand side of the equation.