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To: Czechsinthemail who wrote (22357)5/19/1998 12:05:00 PM
From: mph  Read Replies (2) | Respond to of 95453
 
<Then again, give us a day or two of strong price moves up, and people will be
planning for the next trip to the moon.>>

Excellent point, Baird. On the one hand, people like to feel secure in the market and that there is a future there(I sure do), OTOH, the bull has run so strongly for so long that it's natural to feel it can't last. Those UP days are very reinforcing. But it's hard to listen to the extreme bears, whose concerns sometimes evoke thoughts of conspiracy theories.

mph



To: Czechsinthemail who wrote (22357)5/19/1998 2:40:00 PM
From: Tulvio Durand  Read Replies (2) | Respond to of 95453
 
Oil is down 0.77 as we speak. They'll be giving it away free soon, but since there's no place to store it, there will be no takers. OPEC production needs to be halved for a few months to fix the problem. OPEC will either bite the bullet pretty soon or have the oil shoved down its throat. Tulvio


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