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

To: bobby beara who wrote (58655)	9/3/2000 11:59:57 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

BB we are at cross roads, I vote for a down month. The turn may start this week. Hope Barak will not give in to Terrorist and an arrogant idiot called Mubarak and Jerusalem will stay in democratic hands. OPEC can increase production very little if at all and will find an excuse not to seriously increase production. (Saudia is not OPEC and the member will not let them get a greater share of the market if they have some brains) IMHO oil is at fair value adjusted to inflation. Aside we are in the storm season which may impact the desired oil and oil products supply to US shores. Ad to the mix a revival of China's economy and bingo gold will go trough the roof,($350 to $400 first stop) leaving many wounded on his way. We are prime for fundamentals to overcome TA chatter. BWDIK Haim