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To: BigBull who wrote (74414)9/24/2000 11:03:58 AM
From: stevedhu  Read Replies (2) | Respond to of 95453
 
BigBull, try these on for size, A little <<OT>>

"My first pledge will be to restore integrity to the White House. And I'll fire anyone who has lied to the American
people or the United States Congress." - Candidate Al Gore

The next time Al Gore says: "Why can't we stop these mean, vicious, personal attacks and stick to the
issues.", I pray for the reply: I'd like to Al, but your abject dishonesty and criminal activity IS the issue. As
soon as I take office, you'd better get yourself a good lawyer.
Bob Becker

Check out today's (Sunday) New York Post article <<Ahlert: That's Why Your
For Gore?>> which includes the following clarification on the subject of comparative
smarts:

"George W. Bush and Al Gore graduated Yale and Harvard, respectively, with equally
modest grade-point averages. But while W. went on to earn an MBA at Harvard, Al
was busy flunking out of Vanderbilt University's Divinity School (eight classes, 5 Fs)
and dropping out of the Law School."

NYTIMES reports......Philip K. Verleger Jr., of the Brattle Group, an economic
consulting firm in
Cambridge, Mass., said that the gush of oil onto the market would probably
push the price of crude down by $5 to $7 a barrel, which comes to 10 to 15
cents a gallon.

That could be enough, depending on such factors as the weather, to save a
typical oil-heated household up to $100 over the winter, and a family might
well experience similar savings for gasoline over several months of driving.

The price of goods transported by trucks would also be held down. And
because oil and gas are sometimes substituted for each other — in
electricity generation and various other industrial uses — a decline in the
price of one fuel would hold down the price of the other, experts said.
Yall have a great weekend
Steve



To: BigBull who wrote (74414)9/24/2000 11:58:32 AM
From: Tommaso  Read Replies (1) | Respond to of 95453
 
I would not be surprised to see crude down $5.00 on Monday. The SPR draw may trigger stop-loss sales on speculative positions and encourage shorts. Longer term, I actually think it's bullish for oil.

I hope I am wrong about the effect on the markets, especially since we will have to listen to certain members of this thread crowing with joy.