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To: Crimson Ghost who wrote (56885)12/14/1999 4:48:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
George, We shall see. What I will now be looking at closely, and I DO mean closely, is whether or not the beat down sectors - particularly the Utes and OSX start to recover. That would be very strange, however the utes have been soooooooo beat down there is a good chance of at least some kind of DCB in them. We've got to watch the rotations here like a hawk. Got Feb OEX puts on. Should be enough time.

+ 30 dollar oil will be the seventh angel opening the seventh seal for technoids. It is amazes me when I read posts for so many on the Yahoo OS threads and even here, who have abandoned the OS stocks in favor of techs just recently. Typical top and bottom action - they just couldn't take it any more. How many times have you seen this? How many?

Of course there "ain't no gaurantee" that crude gets to 30+, just that the odds favor it now. I mean, why are all these OPEC guys getting tv head time saying they are willing to open the spigots in case of an oil spike? Test marketing?

I don't have a clue, BUT oil IS still over 25 as of todays close. We shall see in the fullness of time.

BTW Sandy Weill is HIMSELF now selling a big chunk of Citi. Check the wires for yourself. Not good news for the banking industry. Will Sandy tap dance with the Sheik?