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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Archie Meeties who wrote (3724)8/22/2001 4:47:18 PM
From: anyer  Read Replies (1) | Respond to of 206361
 
Saudi Redwoods
Archimedes,I agree as it looks as if this market is being manipulated down just like internet stocks were manipulated up. Analysts have forecast off the mark on API numbers for the last few weeks by a wide mark. If they can't report accurately, then stop reporting. News media should have the integrity to stop reporting or quoting sources that are not accurate. This only benefits the New York traders.

The Arabs are viewing their oil like California would her Redwoods; conserve and don't give it away. I find myself hoping they will win this economic battle against the NY traders and analysts. I have been watching Fidel Gheit come on CNBC for the past year over and over telling us to expect
18$ oil; now I am beginning to wonder if he is any more honest than Mary Meeker.

A real danger to the US is a perception that the equity markets are dishonest; this will hurt all stocks and may be
one other reason gold is doing better.

Regards,

Anyer