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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chip Anderson who wrote (11296)	4/17/1999 7:02:00 AM
From: Mao II	Read Replies (2) \| Respond to of 99985

OT, somewhat.. Chip: What do you make of the cross the board rise in basic materials and energy? It'snot just oil, you know. M2

To: Chip Anderson who wrote (11296)	4/17/1999 9:14:00 AM
From: HairBall	Respond to of 99985

Chip Anderson: Finally, one would think that the recent steep increase in oil prices would have had a negative effect on the Transports, but so far that has not been the case. While some might point to this as evidence of price-gouging by the gas companies :), I actually believe that the Transports will correct shortly when the market realizes that it overlooked this little detail. Well you beat me to the punch on that one...well one thing less to write about...thanks for the contributions. They are always welcome and not often enough. Regards, LG