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

To: Second_Titan who wrote (5207)	6/10/2001 10:43:24 AM
From: chowder	Read Replies (2) \| Respond to of 23153

I'll be heading back home later today. The weather here in Boston has been great. I'm not going to miss that traffic heading to the Cape. These folks can have it. I lost count of the accidents I saw as I headed to the Cape yesterday. The Bosox are in bad shape. Pedro is hurt, Garciappara (sp?) is still hurt and our catcher who has been hot of late is now hurt. Good grief! Boston is going crazy for Ray Bourque and the Colorado Avalanche. We're excited for Ray and his quest to win a Stanley Cup. Way to go Ray! I wish Boston could have helped him win it sooner. A stock idea based on technicals and a little top down analysis. I haven't taken a position yet but I am considering it. Ford (F) ....... stockcharts.com[h,a]dhclyymy[pb50!b200!d20,2!f][vc60][iut!Ub14!Ua12,26,9!Lc20!Lk14!Lh14,3!Ll14] All of the indicators show the stock is clearly oversold. I'm going to wait until the Stochastics and the Williams %R indicators cross their respective oversold lines. What I do find encouraging is that the last two days trading pattern with regard to the candlesticks indicate F may have a trend reversal here. The CMF indicator shows heavy inflows of cash going into F at this time. Every time the stock gets to 24 or below, plenty of buying shows up to drive the price back up. I believe the stock is basing here and I think the sticks are verifying that analysis. I would assume all of the bad news on F is out, the Firestone debacle, low car sales, etc. Historically, when the FED has multiple rate cuts, consumer cyclicals is one sector that does very well. The first of the rate cuts should start kicking into the economy this fall at a time when F comes out with next year's models. This could be the catalyst to finally drive F share prices higher. Again, although it's bottoming here, I'm waiting for the Stochastics and other indicators to signal buy. Just some food for thought for those who might be interested. dabum

To: Second_Titan who wrote (5207)	6/10/2001 10:13:31 PM
From: energyplay	Read Replies (1) \| Respond to of 23153

Not OPEC, but Saudi Arabia - they do have different goals. There is considerable evidence that Saudi Arabia "assisted" the U.S. in the Cold War by pushing the price of oil down in teh early 1980's, thus denying the Soviet Union much hard currency revenue and helping the U.S. GDP grow to pay for the Carter/Reagan defense build up. The Soviet invasion of Afganistan provided considerable incentive. Both OPEC and Suadi Arabia need to de-incentivize (read : crush) alternative energy, conservation, and the extensive exploration and development of oil fields. If deposit even 1/3 the size of Saudi Arabia are found in Norhern Canada, Alaska, West Africa offshore, or the Caspian Sea, and they are develpoped, it will really limit the upside for oil prices. The later two (West Africa & the Caspian) may be happening now. Suadi Arabia also likes to let other members of OPEC know who is top dog, and who has the power to set prices. Saudi Arabia can get by with a lower oil price than most of it's neighbors...