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

To: Haim R. Branisteanu who wrote (52977)	6/3/2000 6:42:00 PM
From: Techplayer	Respond to of 99985

Haim, First of all, I know that the US is literally fueled by energy costs. Raising rates until 5-6% of the population is unemployed is the dumbest thing that I have ever seen you write. Good luck. OPEC has agreed to keep production at a level to ensure a 22-28 dollar range (long term) per barrel. any rise to 30 will be short lived. Some of the bear arguments have validity. when I read stuff like this, I have to laugh. I am now going to get in my SUV and drive to the new house that I am building with my bubble money. tp

To: Haim R. Branisteanu who wrote (52977)	6/7/2000 12:03:00 AM
From: Tunica Albuginea	Respond to of 99985

Haim: " The rise in crude oil prices are not external but directly related to the US economy. ". True. I went to Home Depot today to buy Greenview's " PREEN " weed preventer. I was shocked: In 1999 a 22 pound, giant box, sold for $15. Now, 2000, a 6 pound tiny box was $8. (There was NO 22 pound box for sale either! ) I think that we may all be surprised by the coming cost of various items. Went 100% cash this AM, TA Message #52977 from Haim R. Branisteanu at Jun 3, 2000 2:26 PM ET The rise in crude oil prices are not external but directly related to the US economy. Would like to remind you that aside from driving your SUV, harvesting the grains that feeds the cow that gives you the milk which you buy at the nearby grocery store depends on energy prices....... and it is not a small % of the final cost as many believe..... and yes it is only milk! Your shirt has a substantial energy factor in it as you do not use directly the cotton from the fields.....it is processed trough several stages by energy consuming equipment, imported by ship or airplane which move on oil products.... and the story goes on. If the US economy is slowing down there will be less demand for energy and then the supply will drive prices down. As long as the US economy is strong there will be strong demand of energy. Easy money and feel wealthy gives folks the feeling that they can use air conditioning mindlessly which is also a huge energy gobbler. those are my 2 cents US rates must raise until unemployment reaches 5% to 6% to put some reality into the heads of many dreamers. BWDIK Haim