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To: pater tenebrarum who wrote (17674)9/12/2000 2:55:08 PM
From: Thomas M.  Read Replies (1) | Respond to of 436258
 
simmonsco-intl.com



To: pater tenebrarum who wrote (17674)9/12/2000 2:59:04 PM
From: AllansAlias  Read Replies (2) | Respond to of 436258
 
<dup>



To: pater tenebrarum who wrote (17674)9/12/2000 2:59:04 PM
From: AllansAlias  Read Replies (3) | Respond to of 436258
 
As hard a it is for the bulls to believe, we are testing the open now.

I keep having to recale my little JDSU window so I can bring lower supports into play. -g Ditto NT. Both down in the 4-5% range.

Ice: katie bar the door.



To: pater tenebrarum who wrote (17674)9/12/2000 3:14:36 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<oil was too cheap as well. this was the decisive factor that led to the subsequent crisis, just as is the case now>

Exactly why taxes on oil should be high enough in 'normal times' to make up for their negative pollutive aspects:

1.) So they can be cut at times like now.
2.) To keep the price of oil abnormally high making alternatives [clean fuel] cost effective.

DAK



To: pater tenebrarum who wrote (17674)9/12/2000 3:47:20 PM
From: Eylon  Read Replies (2) | Respond to of 436258
 
I know that 1973 is not a good place to start but I was only playing the same game you did since 1980 is also not a good place to start any comparison. In 1980 the price of oil was too expensive.

You compared the price of oil to the Dow and according to that data oil is expensive. Oil now is a smaller portion of the economy not because it low price but mainly because the economy expanded in other areas. Even with oil price of $100/bbl oil portion of the economy now is just a small fraction of what it was only 20 years ago.

Eylon