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

To: Rick Hay who wrote (26715)	9/22/1999 7:15:00 PM
From: pater tenebrarum	Respond to of 99985

Rick, based on all i have been reading on the subject, i agree 100%. oil and natural gas will be among the areas worst affected by Y2K, as will other commodity related industries, followed by transportation and manufacturing. as you say, there could be a massive spike in oil prices as the problem becomes more evident. OPEC is about to regain control over the oil market in the longer term imo, as the big western fields are depleting. i have a link somewhere to data substantiating this assertion, but i'll have to dig that up. in the long term, oil prices could go much higher than is now generally assumed, although i believe the Y2K induced price spike will diminish in the course of Q1 2000. regards, hb

To: Rick Hay who wrote (26715)	9/22/1999 8:38:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

Rick, thanks very much for your contribution, the charts are revealing what your saying extremely well here, We have a very sold double bottom in the CRB, a five wave up move in Crude - a bullish move, inflationery repercussions from a balkan war, and two major earthquakes, the top of the top of fiats coming off a 90% bullish reading, and the divergences abound in foreign trade and the haves (techs) and the have nots (transports) and those bozos tried to convince me in april that FEDEX was an INTERNET STOCK -G- BB