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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (75382)	10/3/2000 7:05:22 AM
From: Ken Robbins	Read Replies (1) \| Respond to of 95453

BJS to buy back more shares: biz.yahoo.com

To: Crimson Ghost who wrote (75382)	10/3/2000 8:39:26 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Watch Europe hike rates/further support the Euro & the Fed go neutral in bias.... - now what would that do to the US Dollar ? Oil still rising & I stick to my theory that the Saudi's will talk a good game, but will "not" deliver; creating an extension, if not another upward leg to the Oil-Shock in the US. This will be for two reasons; the first is an effort to keep Gore/Lieberman out of office and the 2nd - a "Two birds with one stone-esque" move - is to also pad their pockets at the time that it's most time/cost effective - US Winter Heating/Peak Demand season. - why would OPEC bring crude oil down into peak demand season ? - this is the most opportune time to make the most money in the shortest period of time; as Winter-Peak Demand season see's the greatest speculative/excess moves & price reactions for even small fundamental changes in supply & demand. The smartest thing OPEC could do; is use this coming Winter-Peak Demand season to squeeze one last short term "windfall" of a still healthy US dollar out of the US. The time to add supply & bring prices down is into the spring - build season where they then can point to building stocks and rapidly falling prices and even point to the falling dollar etc..... Does anyone really think OPEC is this stupid - the last thing they will do is crash prices during peak demand season ? They've got a "freebie" here to crank Crude up to $40+ for another quarter - then when they do float crude down - $28-$30 will seem like welcome relief (VBG) ~ ...PS: what will Gold do if Europe raises rates/further supports the EURO & the FED goes to a Neutral bias; let alone is faced with cutting rates next spring to rescue the US Equity markets; or if we see the continuation of a $40-$50 Oil Shock ? Study that classic - "rounding bottom" chart folks & if you still don't "get it" - we'll try dropping the proverbial e-anvil on your head (VBG).