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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Don S.Boller who wrote (15145)3/18/1998 7:33:00 PM
From: Tommaso  Respond to of 94695
 
Remember--it's not a bullfrog. But for an inch-and-a-half long African frog he (or she) has amazing powers.

It's true that I continue to expect the stock markets of the world to overwhelm the frog and crash terrifically.

But things seldom turn out the way you expect. As in the case of the frog--a survivor since the summer of 1996 when my daughter abandoned the poor thing even before she went off to college, and I felt sorry for it and found out how to catch ants all winter long--except that for a while El Nino was killing off the ants and my wife got some baby crickets at a pet store. Now ants have been found again in another part of the yard.

But to make this all relevant so that I do not get warned again by the webmistress, it all goes to show that life is full of surprises and we never know when whole hecatombs of frogs will fall victim to some vagary of weather or history--or whole plagues of frogs will envelop Egypt, for that matter.

To get serious, here is my prediction. IF Venezuela accedes to reality and IF all the other OPEC and non-OPEC countries can get their act together and cut oil production by a measly 15%, THEN oil prices will go back up very fast to $25 a barrel or higher, and THEN this fools paradise will crash, and THEN my frog will cast one last glance towards the heavens and expire, and then I will pickle him in isopropyl alcohol and collect the profits from my bearish positions and enjoy the summer.