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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: tech fool who wrote (14034)	9/4/1998 5:51:00 PM
From: Jeff Jordan	Respond to of 120523

DB 14:34 JAPAN HAS DONE MOST OF WHAT IT MUST FOR ECONOMY, SAYS JAPAN REP. DB 14:34 US, JAPAN MAY NOT ISSUE STATEMENT ON CURRENCIES AFTER SF MEETING. DB 14:34 UNITED STATES, JAPAN HOLD SAME VIEW ON YEN RISE, SAYS JAPAN REP; DOW JONES. DB 14:27 GINGRICH, HOUSE LEADERS TO GET STARR REPORT ON CLINTON NEXT WEEK- AP. DB 14:27 GINGRICH, OTHER HOUSE LEADERS TO REVIEW PLANS FOR STARR REPORT- AP. Wow...a lot there to absorb? Is another downturn inevitable?

To: tech fool who wrote (14034)	9/4/1998 6:28:00 PM
From: Judy	Respond to of 120523

TF, good memory ... I left that post on the Driller Thread back in February when I said the bottom had not set yet for the sector. I have not followed the price of oil closely, but technically a double bottom takes 6-8 months to complete. The price of oil is more contingent on political factors than are metals like AA and PD. Chartwise I'd look for confirmation from the metals ... as for oil, I have no idea how much surplus is truly in storage and whether OPEC will stay the course.