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To: Bucky Katt who wrote (3215)9/4/1998 5:48:00 PM
From: lightfoot  Respond to of 119973
 
< oil/gold = reality check !> I think when we start seeing some banking failures the reality check will really set in! Bankruptcies in this country are also running at a high! I think derivatives will play a major factor in the coming weeks as the countries around the world attempt to deal with failing economies. We will find out just how big the global economy has become, and whether Greenspan et al, can keep the whole thing from unwinding before our very eyes.

Not doom and gloom just interested in watching history unfold before my eyes! My cup is always half full!!



To: Bucky Katt who wrote (3215)9/4/1998 8:56:00 PM
From: chirodoc  Read Replies (1) | Respond to of 119973
 
note that oil, gold, and japan are strengthening (thru yen)
this means that a lot of money is moving out of growth stocks
and looking for safety
people think oil has bottomed 'cause russia can't even get it out of the ground
gold is doing a tech bounce
and japan looks stable compared to the rest of the world
what a funny environment

curtis