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

To: Frank Pembleton who wrote (9743)	3/22/2002 9:26:58 AM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 36161

Bah! Waiting is also a trading decision. Right about the pullitics. Seen this: EU is taking it personnal against GWB. news.bbc.co.uk The European Union (EU) plans to retaliate against US steel tariffs by imposing "smart levies" on goods produced in areas politically important to president Bush, the Wall Street Journal has reported. The EU is drawing up a list of tariffs it wants to impose on an estimated $2.1bn (£1.5bn) of US goods which come into the union every year, the paper said. Many of the goods which would face tariffs are produced in states which Mr Bush only narrowly won in the presidential elections of 2000, and which are crucial to his hopes in this year's mid-term elections. President Bush's decision to impose tariffs on steel imports was widely seen as a political move to win support in steel-dependent areas such as Pennsylvania, which are important to his hopes of retaining control of the House of Representatives. Don't know if the falcons in the US will win. But GWB is losing support here over the pond. OK for a worldwide coalition against terrorism, but not a white check for any US "surgical intake" on any specific country.