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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (21672)10/30/2000 11:13:09 AM
From: Ken W  Respond to of 29382
 
DD:

"Euro short squeeze"

Looks like it failed. Increased production of oil is having little effect (today) on oil (.03) and (.07) on Brent. The elections NEED to get out of the way for interest to come back into the market. Personaly, I'll be relieved when it is over and not just for the sake of the market. Some are beginning to gamble on defense stock in the event that Bush is the new guy. If Gore is the new guy then I'd be shorting oil stocks.

Ken



To: Ditchdigger who wrote (21672)10/30/2000 5:49:20 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Ditch, did you catch Iraq's demand to be paid in Eurodollars? I think that this might have been the reason for the gap up in early trading on the Euro. Still think that it will go down to .75 before rallying.

Natural gas prices look like they've hit bottom, closing under 4.5. Good time, IMO to buy into a natural gas play.

Sergio


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