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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (46)9/3/1998 5:33:00 PM
From: Sun Tzu  Respond to of 10660
 
Thanks. Feel free to quote my posts as you see fit. I'll try to update the numbers as significant changes occure.

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BTW the reason I am more bullish on oil than other commodities, is that (a) the supply is not terribly out of whack with demand, despite the price of oil. And (b) if the price of oil stays too low too long, the social and political unrest that it will cause in the oil producing countries will force it up again.

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FYI Peter Lynch is on CNBC tonight at 10. I like the guy but I am suspicious of all the efforts Fidelity has been making lately to calm the nerves.

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Lest some think deflation is the worst thing can happen to the world, the extra long deflationary period of 19th century was a great time to be living in for the average person. It was just a terrible time for investing and running a business.

ST