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

To: William H Huebl who wrote (20806)	6/22/1998 7:35:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Bill I am not so sure about the direction of the markets. The Fed's Vice Char. was very defensive overall today. My best guess is the FED stays put. The wild card is now Oil prices. At $8.5 is is obviously very cheap and Russia needs a bust. Transportation cost for one barrel are the same at $12 or $20, but Russia will then get $16.5 and not $8.5 - BIG difference. Same apply for ME Countries were the cost are around $4 to $5 for extraction. BWDIK Are you familiar with the 3 domes and a mountain formation?? kind of esoteric but would like to hear your take. Haim