To: jtech who wrote (40089 ) 6/29/2001 10:28:32 AM From: IQBAL LATIF Respond to of 50167 My views on oil are well known and I think break of 94 support of OSX will see new losses and if resistance of 106 is taken out we may see 112. I don't understand what you mean by sand niggers!! I also don't understand what is being politically right or wrong, some of your US slang’s are difficult to comprehend. .. I have repeatedly asserted this logic that oil will weaken to you in Dec-Jan dialogues, we cannot have oil going higher if DOW goes to 5000, this is a inherent contradiction in your process of analysis. If DOW visits 5000, commodities and oil will have no takers, the slow down of profits and ensuing recession that will make DOW to 4000 does mean slow down of corporate sales and sales will impact global GDP growth that should mean a huge sell of in oil, the laws of economic are little regressive in case of falling oil, below 10$ instead of increased buyers we may see decreased buyers and increased sellers. That is a real possibility. Democrats are incapable of running sensitive issues like deregulation and free economy, the case against MSFT depicts fatal flaw in US justice system where a judge was carried over by the democratic noise and tripped, the politicization of US judiciary led to fatal damage to antitrust case against MSFT. Ashcroft will settle mark my words,. best regards to disagree once again on points when I think I should. However this is what this thread is all about we may be wrong very wrong in short run but the analytical basis will over medium term prove our point. fwiw Oil is just one example, the recession of US and its economy is another points and probably it looks we are going to win that argument.