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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (6671)9/11/2000 11:18:34 PM
From: gamesmistress  Read Replies (1) | Respond to of 13094
 
If The Economist is again a contrarian indicator, I would interpret its picture of the Arab and falcon and its headline, "Is oil poised to strike?" as meaning:

1) OPEC doesn't matter as much as it used to.
2) Oil doesn't matter as much as it used to.

IMO the first is already true, and the second is partly true. But it may not make much difference for several months, especially if any of those "seemingly small problems" kick in, like a very cold winter, or Iraq deciding to cut off production.



To: Bucky Katt who wrote (6671)9/12/2000 11:28:18 AM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
William:

With things tough in the Japanese markets, perhaps we'll see more of that money coming into the U.S. markets where they can earn higher returns...

The NDX continues to hold above 3720... If it can build a base here, it will have found support on the rising bottoms trendline...

Jim


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