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To: ItsAllCyclical who wrote (70965)8/16/2000 9:29:56 AM
From: SliderOnTheBlack  Respond to of 95453
 
Jim L - BINGO ! - your strategy is correctamundo ...

ie:

<<In the future I think my general strategy will be to sell into any rally that is caused solely by a rise in crude prices and hold any rally that moves against crude prices>>

... justkeep one eye on the crude & NG tapes; the other on the NAZ/DOW tapes.

Only extremely negative CPI/PPI news resulting in an unexpected Fed action - which will trigger a total market selloff that will take the OSX down with it; looms as any danger from here thru the elections.

It is a "Free Ride" market mentality that will create a tide that raises all boats here.

Only a major market surprise will change that.

But; the real inflationary indicator threats to the market will show up in the stats in about 6 mos.... we've got a great window untill then to some real susbstantial upside - after that; mount your "Gold ponies" (VBG).