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To: Maverick who wrote (9393)9/20/2000 3:50:05 PM
From: niceguy767Respond to of 275872
 
Maverick:

"Tuesday's gain supports Briefing.com view that the end of the slide is in sight, and that the path of least resistance from here will be to the upside."

Comment: The recent astronomic increase in the price of oil appears to have a fairly significant dampening influence on any move to the upside...However, one can hope for a significant retracement for oil prices, in which case, the market could enter a lengthy upswing once again...Assuming a levelling off in oil prices as opposed to a decline, earnings will once again be the flavour of the day...and those companies producing favourable earnings will be well rewarded via price appreciation...I can hardly wait!!!