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To: Skeeter Bug who wrote (123599)	4/12/2001 9:34:44 PM
From: Victor Lazlo	Read Replies (2) \| Respond to of 164684

<<i want rational markets. >> You'll never get them, and I am glad you won't. <<if you don't want bear markets then you should have jumped up and down and yelled like i did for 2-3 years heading up the launching pad. >> I want bull markets and without bear markets there would never be any biul markets. Skeeter, i have two concepts to offer you: money markets, and government bonds. Your way of looking at risk and natural cycles is not conducive to being around stocks, imo. Victor

To: Skeeter Bug who wrote (123599)	4/12/2001 9:39:08 PM
From: Glenn D. Rudolph	Respond to of 164684

I sure guessed this one correct: "April 13, 2001 -------------------------------------------------------------------------------- OPEC Fails to Follow Pledge To Scale Back Oil Production By BHUSHAN BAHREE Staff Reporter of THE WALL STREET JOURNAL PARIS -- The Organization of Petroleum Exporting Countries is continuing to produce oil far above its target levels, providing at least some relief to major consuming countries that have low inventories, relatively high prices and once again face the prospect of high gasoline prices as the peak driving season approaches. Data released by the International Energy Agency in Paris showed the 10 OPEC members that were committed to sharply reducing their oil output scaled back only slightly in March, or by some 120,000 barrels a day, to 25.85 million barrels a day. The total was 650,000 barrels a day higher than the target of 25.2 million barrels a day that OPEC set in January. That was when the group's oil ministers decided at a meeting in Vienna to cut production by 1.5 million barrels a day, effective Feb. 1. Since then, the ministers have agreed to a further supply reduction of one million barrels a day, effective April 1, lowering their output target to 24.2 million barrels a day. Their aim is to keep crude-oil prices around $25 a barrel as measured by a basket of crude oils. The price of North Sea benchmark Brent Blend is usually about $2 a barrel more than the OPEC basket. The U.S. benchmark West Texas Intermediate usually has an even-larger premium of around $4 a barrel; on the New York Mercantile Exchange Thursday, crude oil for May delivery settled at $28.25 a barrel, up seven cents for the day. "