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To: SliderOnTheBlack who wrote (58552)1/14/2000 8:13:00 PM
From: Jon Cave  Read Replies (3) | Respond to of 95453
 
"No Inflation"

I agree that inflation is creeping up. Consumers are spending like mad now.

I went pickup and Tahoe shopping the other day. Dealers cannot keep Z71 pickups in stock. And people are paying list price for 2000 Tahoes. In fact, some dealers want 1k to 2k over list for a 2000 Tahoe. Those darn Tahoes cost 40k and a Z71 is about 32K. Outragious and they are selling like hotcakes. I talked to my CPA and he thinks there is just too much money floating around right now.

Did anybody here pay any antention to the new vehicles announced at the Autoshow this week. Talk about some fancy SUV's and gas guzzling pickups. How about a 4 door GM pickup with a pickup bed that extends 6 to 8 ft, has sliding doors, and has a camera in the back. All for the price of 40k.

Needless to say, my old pickup with 180k on it is sounding pretty good right now. Don't have to worry about dents or hail storms with it. Its been threw all that stuff.
I quess I'll drive it until the wheels fall off. Plus, its a gas guzzling dude. At least I am doing my part to drive up the price of gas.



To: SliderOnTheBlack who wrote (58552)1/15/2000 9:17:00 AM
From: BigBull  Read Replies (3) | Respond to of 95453
 
Crude Bull - Breakout on a broad front.

cbs.marketwatch.com

futures.tradingcharts.com
futures.tradingcharts.com
futures.tradingcharts.com

I recently posted a Matt Simmons article here and on the RIG board. In the article Simmons characterizes the OS stock cycle a having three distinct phases during it's up phase.

1. Snap back from the bear phase.
2. Lull period when earning have to catch up.
3. Run phase when earnings become more visible.

Based on the recent price action in crude, the markets reaction to BJS, and RDC's earnings, the lull period is drawing to a close and has, in fact ended for select OS stocks, many of which have been highlighted on the board.

I have waited a year for this very moment, this is the part of the cycle the investor MUST be in - period. Leave the patch for tech stocks now? No No No, a thousand times No. This is it. This is what we have all waited for. Payday is here.

I'm starting to warm to the E&P's as well, as there are many many long term double bottoms being formed up in the smaller players.