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

To: Crimson Ghost who wrote (43521)	3/18/2000 9:28:00 AM
From: Haim R. Branisteanu	Respond to of 99985

George funny Fleck agrees, see is wrap Greasing the skids...Speaking of oil, my brilliant friend Colin Negrych today posed the $15-trillion question concerning, among other things, oil. "All the talk is about how the U.S. government will call in every chip it has with OPEC producers. To get energy prices down... to avoid having energy prices being a factor in the presidential election, such is the state of trading lately... more than at any time in my 20-year career. Politics... politics...politics... All day...every day. Governments all over the world...engineer squeezes in commodities....bonds....stocks....pretty much anything and everything which has a price....in order to serve their own political purposes. When the consequences of `breaking' the markets in this way... and increasing the moral hazard all the while...inevitably nucleate into the next c-r-i-s-i-s...these governments all respond the same way...every time: Print more money. The question remains: Is there any constraint on them?" In the mania chronicles...Here's one from a regular reader: "I know this guy, he's a police officer, that recently got into the stock market about six months ago. Nothing unusual there. What's odd is one of the ways he picks the companies that he invests in. "When he's hanging out at Starbucks, he'll grab one of the papers that someone's already read (the fiscal responsibility pretty much ends there) and look for the stocks whose symbols are accented in bold print. If they're in bold print, then they have to have a good marketing department, he says. Haim