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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (15860)11/30/1998 4:39:00 PM
From: Franco Battista  Read Replies (1) | Respond to of 18691
 
" Lower oil prices are bullish....... "
I have to disagree with you on that one Roger. Falling oil prices and commodity prices in general tend to point toward deflating economies, since lower demand for these products would signal a slowdown in production of a variety of goods. Also bad news for various countries who depend on the revenues the sales of these materials provide in order to pay their loans......
BTW great day for FSTW. Congratulations. Finally a real company whose stock goes up.
Joe.



To: Roger A. Babb who wrote (15860)11/30/1998 4:56:00 PM
From: Amsterdam  Read Replies (1) | Respond to of 18691
 
<<OT >>
You guys are over-rating the impeachment effect. It's conventional wisdom that even if the house votes to impeach it will die in the senate. The market is efficient enough to discount that.
Besides, Roger you're somewhat of a contrarian, tending to play against conventional wisdom. Don't you think the market would soar if we dumped Bubba?



To: Roger A. Babb who wrote (15860)12/1/1998 5:08:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 18691
 
Hmm. Congress resolves to expand the investigation to include campaign finance. Surely this will drag matters out. Yet the market is up, the Nazzy big time. You're entitled to your theories, Roger, but it sure looks to me like Wall Street doesn't give a rat what Congress is up to, as long as it isn't raising cap gains taxes.