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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Gofer who wrote (1745)	1/17/2001 11:27:51 AM
From: Crystal ball	Respond to of 74559

Now watch OPEC throw a wrench in it all, I would say Oil stocks are the most volatile, more so than California Utility stocks, no one is going to start a land war in California but the electricity will continue to flow there....but in the lands of OPEC remember that politics and economics make strange bedfellows...I predict peace with Iraq is the overture that is now on the horizon as the rest of OPEC shows the tenor of the "Greenspan induced lack of loyalty" by tightening 1.5 Million barrels of oil today. The Fed AND Fiscal tax and budget policy must put money back into the economy, lower the value of the dollar in respect to other currencies, especially the currency of OIL so that OPEC nations can feel assured with returning the price of OIL to $20-$25 per barrel rather than the $30 or so price per barrel induced by Greenspanism (A color worse than the Red threat today). The Saudiis are our friends, but lets face it, we need IRAN AND IRAQ for long term stability in the OPEC cartel world we live in. I am, Truly your$ -Crystal Ball