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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (8308)	9/2/1998 7:02:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

Hi DD. Oil stocks moved up today. Particularly Canadian oil stocks :-) Also the Canadian dollar. From what I'm reading, trouble in oil producing countries may be causing the bounce. Indonesia and Afghanistan political problems and an oil worker strike in Yemen and who can understand what in Venezuela. It's too early to tell if this is a trend though. It might just be short covering. Short covering might have been what drove a lot of our stocks today. I don't see that the market nervousness has been replaced by bulls, so I have to call the market as a short term downer. Sergio