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To: goldsnow who wrote (51388)4/12/2000 11:00:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 116759
 
I fail to see the relevance.

The OSX is rising based upon stable oil prices at the $25 range. There is indeed potential profit in the oil sector as earnings look to be bright there. But once the market has factored in the value of those increased earnings to their stock prices, what will the oil companies do for an "encore"?

How does that impact the technology stocks who are involved in circumventing the need to rely upon more and more energy?

If anything, higher costs impact the commodity providers who have little ability to raise prices, but still incur the costs of higher energy costs.

No need to respond. We've been down this road before.. Deja Vu all over again.

Regards,

Ron



To: goldsnow who wrote (51388)4/13/2000 3:03:00 AM
From: Alex  Read Replies (1) | Respond to of 116759
 
<<Hey, John Crudele, the financial columnist of the NYPost, last week wrote of suspicions that the Clinton Treasury and White House had inside information on what Fed Chairman Alan Greenspan was up to, and they whispered it to pals on Wall Street at just the moment the NASDAQ was bottoming out. It was no coincidence that the rebound began when Gene Sperling, who chairs the National Economic Council at the White House, confidently told reporters that everything was going to be okay.>>

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