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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (286)	3/2/2000 10:59:00 AM
From: robert b furman	Respond to of 33421

This is the kind of vacuum that a stock hits when it: announces .31 vs expected .26 and oh yes says it sees the next qtrs as flat (which would be record levvels but flat). If you have a great profit - its time to think about taking it to the bank.JMHO YIKES it happens so fast it's SCARY !!!!! siliconinvestor.com

To: GROUND ZERO™ who wrote (286)	3/2/2000 12:07:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 33421

so, long term, I think crude oil is going to get ugly... I have been thinking along these lines myself. Other considerations to think about... 1. Many of these oil producers are countries with high debt, rising populations, and due to "open market conditions" , [either IMF imposed, or by their own choosing], their own economies and political systems are in a state of disaster, [more like, virtual collapse, but who is arguing small details <g>]. 2. However, in many instances, their "Local Supremos", [for the time being], are people educated in US and European Universities. They realize that oil may be, their one chance to get some sort of financial stability, and or, they view oil as the source to pay for badly needed improvements to their local infrastructures and/or social needs. They seem to be showing a good display of organizational skills and solidarity, since OPEC seems to be succeeding in sticking to specific production quotas. In the past, this has caused production levels to be increased with a resulting price pressure eased. The above, adds to the scenario that you indicated in which world oil consumption continues o rise. Can this finally push inflation in the US to a level that no internut.bomb mania/mindset will be capable to overcome? ____ btw. Great thread, thanks for the knowledge found here.

To: GROUND ZERO™ who wrote (286)	3/2/2000 12:46:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

GZ, I hear you on buying and holding until the pattern is broken, off course we are at seasonal highs in several commodities, such as the grains. a nice rally in the CRB that past 2 days. BTW I am off to Reno later today, until tues. John