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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (1770)3/16/2001 2:38:56 PM
From: ItsAllCyclical  Read Replies (3) | Respond to of 23153
 
Tommasso - Interesting charts, but deceptive time frames. I know QQQ doesn't go back very far, but if it did you'd see a pretty big move all the way from 1995 (really 1990).

The chart you showed looks like it's now below where we started, but the mania imho started well before 1999.

As such if you used a longer duration and overlayed the charts you'd probably see that the Nasdaq has another 50% downside potential from here (which seems realistic in a global slowdown scenario).



To: Tommaso who wrote (1770)3/16/2001 2:49:48 PM
From: excardog  Read Replies (1) | Respond to of 23153
 
Opec: Rodriguez Said to Say OPEC Mulling Well Over 1 Mln BPD Cut


Mar. 16-MAR--

New York, March 16 (BridgeNews) - OPEC Secretary General Ali Rodriguez
is reported to have said that oil producers will cut output by well more
than 1.0 million barrels per day, according to CNBC and oil brokers.
* * *
"The cut could be over a million barrels, it could even be
considerably over a million barrels," Rodriguez told Union Radio in an
interview from Vienna, according to Reuters.
The comments sparked renewed buying in New York and London oil futures
markets, which were boosted further by indications non-OPEC Mexico will
join in the output cut. More

The bridge.com ID for this story is BQDWPSK