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To: Sarmad Y. Hermiz who wrote (108330)9/11/2000 11:32:47 PM
From: John Chen  Read Replies (1) | Respond to of 164684
 
Saram,"This would be good for currenet administration".
Unlock the 'taxable income'. Hopefully, AG will replinish
the pipeline with more money to support the 'internet
revolution', which by the way is still in the infant
stage (or the 1st inning of a 1000innig game, READ THAT
as Hold the Exit Door while I'm getting out).



To: Sarmad Y. Hermiz who wrote (108330)9/11/2000 11:35:11 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Sarmad: "Is that the script?" The way I see it, the pros are selling now and the public is scratching their heads (that is us). The pros want to sell to raise cash and hedge their bets in case we are going to have a recession -- but they don't want to crack the market before they get their money out so they will try not to scare the investing public. After a few more 100 point down days there is likely to be a growing surge for the exits. That should take us down closer to 3000. After that -- probably choppy action up and down till we see if goldilocks has a headache or a brain tumor. Good luck.



To: Sarmad Y. Hermiz who wrote (108330)9/11/2000 11:50:04 PM
From: schrodingers_cat  Read Replies (1) | Respond to of 164684
 
Hi Sarmad, looks like everybody had a busy weekend! I think the NAS is still in the same trading range it's been in all summer, even with the past few down days. I don't think oil is really affecting it yet.

BTW one way to see how tight refinery capacity is is to look at the spread between crude and product prices. Here's a useful website with a chart of this about half way down the page.

eia.doe.gov