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To: 16yearcycle who wrote (32962)	12/16/1998 5:51:00 PM
From: Bilberry	Read Replies (1) \| Respond to of 95453

How much oil is IRAQ pumping right now? I heard 3% of world output. That is pretty substantial. Would that not dry up some of the supply? How long will the oil be shut off? (For months?). Kind of ironic that the big oil meeting is on tommorow.... --Bilberry

To: 16yearcycle who wrote (32962)	12/16/1998 5:51:00 PM
From: DYW	Respond to of 95453

I notice that S&P futures dropped pretty hard since the bombs started dropping, almost 6 points. I thought a war was pretty much priced in and is either immaterial or slightly positive for the market. It has greatly lessened the chance of an impeachment, at least for this week, and that was one of the market's worries this week, wasn't it?