Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (67606)	10/8/1999 9:09:00 PM
From: pater tenebrarum	Respond to of 86076

Ike, the problem is, that we could crash ANYTIME. the next few weeks would be ideal for major dislocations...just a guess, coupled with a few technical observations. hb

To: re3 who wrote (67606)	10/9/1999 11:50:00 AM
From: Lucretius	Respond to of 86076

oil will fall Ike.. ya gotta price in a US recession and slowed world recovery. i think it can pop to 25 one more time but maybe not.

To: re3 who wrote (67606)	10/9/1999 1:11:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 86076

" oil going down is like a tax break.." Yes but remember that oil price has DOUBLED and better since march, pump prices up 30% and that is like a tax increase ... which hasn't yet affected the economy. We had our "tax break" and inflation-resitant coating when the dollar was at 125-140 yen. Now with dollar at 105, Japanese are the ones with a tax break vis-a-vis oil, oil producers are getting stuck with the tab and US import market will no longer be such an easy mark.