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To: long-gone who wrote (56339)	7/17/2000 10:47:34 AM
From: pater tenebrarum	Respond to of 116815

exactly. the lowrisk.com survey had 77% bulls last week - the highest in the history of the poll. when everybody is bullish, it means they are all invested, ergo no more money to push prices higher. that's the theory anyway. the Rydex ratio also hit an all time low on Friday btw.

To: long-gone who wrote (56339)	7/17/2000 12:57:56 PM
From: Rarebird	Respond to of 116815

OT Federal death penalty questioned Monday, July 17, 2000 11:09 AM EDT HOUSTON, July 17 (UPI) -- An international human rights commission has raised questions about the federal case of a convicted Texas drug smuggler whose execution was postponed by President Clinton. Juan Raul Garza's execution was stayed by the president to permit a Justice Department review of the clemency process in federal death penalty cases, but the Inter-American Human Rights Commission has been pushing for postponement for another reason. The panel is concerned about new allegations that federal prosecutors breached an international agreement in securing the death penalty against Garza by using testimony about killings for which the defendant had never been charged, the Houston Chronicle reported Monday. Garza was convicted of operating a continuing criminal enterprise, trafficking and being involved in three executions as he ran a drug smuggling operation for 10 years on the Texas-Mexico border. It was the violent nature of the organization that led prosecutors to seek the death penalty, said Assistant U.S. Attorney Mark Patterson. "Brownsville was viewed as a weak spot among outlaws," He told the Chronicle. "This case sent a message that law enforcement was for real in Brownsville." In the penalty phase of the trial, prosecutors relied heavily on testimony that Garza was involved in the killings of five other drug rivals, including four in Mexico. Garza attorney Gregory Wiercioch said testimony about the other slayings should not have been permitted. He said an international covenant prohibits prosecutors from relying on evidence about unadjudicated crimes at trial. Wiercioch has filed a complaint with the international commission based on his allegations. (c) 2000 UPI All rights reserved. -0- Copyright 2000 by United Press International.

To: long-gone who wrote (56339)	7/17/2000 2:01:10 PM
From: goldsnow	Respond to of 116815

``There's a substantial amount of inflation that hasn't hit the system yet'' -- enough to push the overall rate of consumer price increases as much as 2 percentage points above the current 3.6 percent annual pace, said Philip K. Verleger, an energy economist at the Brattle Group in Cambridge, Massachusetts. That's because higher oil prices have begun to spill over into producer prices of other goods made from petroleum -- fertilizers, paint, chemicals, plastics and resins -- which are ``precursors to an awful lot of products,'' according to Joel L. Naroff, president of Naroff Economic Advisors, Inc. quote.bloomberg.com