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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (44747)	7/22/2003 3:57:58 PM
From: Oral Roberts	Read Replies (1) \| Respond to of 57110

I'm not sure now that they have accustomed us to 1.50+ gas that we will ever see it cheaper regardless of barrel prices. Bastards will just inflate their margins IMO.

To: MulhollandDrive who wrote (44747)	7/22/2003 4:43:18 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

Kudlow and Cramer just made the statement "who is going to want to be short or on the sidelines when saddam is caught or killed". Well, the fact is nobody. Nobody is going to want to be short. In fact, I believe that there are far fewer functional shorts in the market now than there were three months ago. My point is, no amount of good news will move the market up if all of the investment dollars are already deployed. And anyone watching the bullish percent indices should have an idea of the overbought nature of the market. And on a fundamental note, Saddam and his forces are a nuisance at this point in the bigger picture. There is more to the oil prices than the fact that we have been meeting some resistance in Iraq.