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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (41827)	3/1/2000 12:22:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 99985

>>I am looking for a price shock event<<< Mike, it's right in front of our SUV empty tank fillin up at the gas pump face and we are now in low-season driving, what about high season summer driving demand. the bear market washout in 98,99 that caused the sheik to say $5 oil created enough destruction in the oil producing network, that we now have a major deficit, everybody in the oil producing world was leaning the wrong way at the bottom and is still not up to snuff with $30 oil, damn look at the osx, wAY behind at $30 oil. they still don't believe it, everybody has been caught with their pants down -g- the new era can produce infinite amounts of bits, but not oil, and the mega amounts of new era talk is begging me to buy the old era oil and gold producers -g- oh ya, the new era spin, oil don't matter, Major BS> b

To: Michael Watkins who wrote (41827)	3/1/2000 1:37:00 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Michael, tanks do not use a lot of oil (diesel), but to generate electricity for a disko to dance all night takes plenty of oil <GG> IMHO in a recession people do not dance. SE Asia,India China are dancing now plenty and even buy SUV's Haim

To: Michael Watkins who wrote (41827)	3/1/2000 2:16:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Michael, >>>>> I was using a short term view on the CRB. No arguement from me that the trend over all is up. I happen to believe inflationary pressure is just around the corner and disguised.. <<<< I had CLASS BUYS on GOLD/SILVER/CRB yesterday and they did move up today. The XAU was up over 1 at the open but closed basicly flat. I feel that the XAU wasnt stronger only because the market was strong, but once the overall market starts to sell again, the XAU should rebound back near the high 60's/70. I will be getting XAU CALLS tomorrow if it doesnt run from the open. I also am close to CLASS SELL signals in the SPX/OEX/NAZ/NDX within 1-2 days. I actually got a borderline CLASS 1 SELL signal on the NAZ and only a CLASS 2 on the NDX. seeya