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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (9603)	3/19/2002 12:07:42 PM
From: TheBusDriver	Read Replies (1) \| Respond to of 36161

<<FWIW, my early read is there will be a sizable correction in energy sometime in the 2nd quarter. Those who missed this upleg can get positioned then >> I'll be looking for it. I promise to listen more closely next time<g>. Similar to the bumper sticker I had on my company car in South Texas back in the 80's: "Please God, let there be one more oil boom, I promise I will save money next time!" Wayne

To: isopatch who wrote (9603)	3/19/2002 10:44:04 PM
From: nspolar	Read Replies (1) \| Respond to of 36161

iso, have you changed your views on deflation yet? It appears GW/AG are going to generate some enormous budget deficits over the next few yrs and maybe longer. How does this factor into things? Between, the deficits really disappoint me. It would seem the current admin could exercise more restraint, even in these times. If one looked at the govt spending over the last 30 yrs, without knowing which party was in power, and then took guesses as to who did what, they would most likely be incorrect. It would appear that there will be some real dogfights and finger pointing in the future, over tax increases that will be the only perceived way out.