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To: Defrocked who wrote (65148)	9/29/1999 3:50:00 PM
From: flatsville	Read Replies (1) \| Respond to of 86076

Defrocked-- You wrote: >>>...How do you ever see oil @ 30 and the DJIA @4500 simultaneously defies gravity and logic.<g><<< I can't speak for Luc, but perhaps my last post re: the Iraqi oil situation and y2k might explain oil @$30 (or higher) and the DJIA @4500 (or lower.) Message 11398832 I think it's a little late in the remediation game to be optimistic re: the market when news like this appears.

To: Defrocked who wrote (65148)	9/29/1999 6:46:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 86076

if i am right, oil will be around 15 or less when the DOW hits 4500 later this month, but it should spike w/in the next couple days and then implode w/ stocks as a US recession and slowed world recovery are priced into oil. The key is that the dollar and gold have not made the reversions back to pre-yen engineered bubble equilibrium levels back in 1995. the whole currency crisis that started in 1997 was in part due to this engineered drop in the yen against the dollar by Trader Bob and BOJ (why do you htink Bob quit? ho ho.. he knows what he did but the public will likely never be told that it was simply done to prevent recession in 1996 and keep the Clintonistas in office) what i describe above is why i think you are seeing many of the drillers continue their downtrends even as "inflation" which is a monetary phenom. is accelerating based on int rates and gold. the XOI is topping and thus discounting this as well. Uncle Al's printing money last yr to avoid a deflationary collapse into the dollar will be looked back on in history as the moment the US destroyed the dollar imo and quite possibly the beginning of the end of this whole unstable fiat system. BWTFDIK? i own goldshares of all idiotic investments (and still do) -g- we'll see.....