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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (72351)	3/16/2001 11:11:32 AM
From: Crystal ball	Read Replies (1) \| Respond to of 99985

OPEC doves voting to stimulate economy, Oil prices to drop to stable at $25, Brent North Sea and US Oil will go to $22 per barrell, OPEC production cuts less than drop in economic demand. Re-alignment of oil shipping, greater percentage of Middle East Oil to supply Japan, US Oil and North Sea Oil to supply US and Europe. Saudiis picking up Japanese Bank Paper, selling US Treasuries to raise cash. RAISE CASH FOR WHAT? So far Bonds are up, and stocks are down on triple witching expiration. Where is Saudii cash going ahead of Federal Reserve FOMC Meeting cutting interest rates on Tuesday? I am, Truly your$, -Crystal Ball