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To: VLAD who wrote (30547)10/9/1998 4:23:00 PM
From: Flan  Read Replies (1) | Respond to of 95453
 
Did anyone see Ralph Acompaora of prudential came out yesterday during the selloff and said he now saw a Dow 6500. I can't believe people listen to anyrhing this guy has to say. He is a technician who changes his mind literally evey two weeks. I do not believe in technicians but this guy is the king of crap. Great call Ralph the market is down 300 and you revise your range to 6500 --- well looks like he was wrong for yesterday and today.... Who pays this guy and why??? Shows you how pathetic this market is that they listen to a witchdoctor for advice. If DOW goes up another 300 he will hit the tape with another revision. I laugh!!!



To: VLAD who wrote (30547)10/9/1998 4:52:00 PM
From: P.Prazeres  Respond to of 95453
 
I'm not so sure. Shell is laying off 20% of its E&P workforce.

Persistent low oil prices are cutting into profits...

and what if the big oils start diverting E&P money to the middle east, if that area is opened up to "western" oil co's.

Paulo



To: VLAD who wrote (30547)10/9/1998 5:38:00 PM
From: RGinPG  Respond to of 95453
 
I just have trouble with the "and then not be greedy" part, but I'm working on it.


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