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To: Brian P. who wrote (57172)12/20/1999 1:09:00 AM
From: Brian P.  Read Replies (1) | Respond to of 95453
 
1999 Continues Warming Trend Around Globe

Last month was the warmest November in 105 years of record-keeping in the contiguous 48 states, and the fourth-warmest in the Northeast. The trend continued into December in most of the country...

nytimes.com



To: Brian P. who wrote (57172)12/20/1999 9:51:00 AM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Jim "The Original Goldbug" Dines giving up on commodities? Wow! This guy was a gold bull during on of the worst gold bear markets of the last 20 years. Commodities must be close to a bottom. Already seeing shortages in paper/forest products, nickel, and aluminum too. It's not just oil anymore. Interest rates are rising to reflect that,utility stocks are in a major bear market as well. Amazing how this guy is trying to resurrect his career at a commodities bottom and tech top.

I suspect the first real sign of A top, not, The top in internet and techs will be when some IPO's go dud. That will mean the markets are pretty well sated with technomania. There has been a true GLUT of tech IPO's recently. I am now leaning more to a 10% correction with some pretty furious rotations into oversold groups. Even the utilities could get a strong dcb - they are just that oversold.

Worldwide economies are now ALL in recovery or various stages a boom cycle. Interest rates on a global basis have only begun (and by small degrees) to turn up. Believe me, when cyclicals start pounding out the earnings, they will get noticed. Exactly when, I can't say. Soon I think, though, soon.

JMVVHO

Bull