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marketmaven

10/21/04 5:40 PM

#313016 RE: Zeev Hed #313011

OT CROOK NEWS: "The Source of the War"- Der Spiegel covers for its crooks, now the Chinese are in the Middle East
http://www.spiegel.de/spiegel/english/0,1518,300851,00.html

SPIEGEL cover story: Oil is becoming more and more expensive. The explosion in its price is encumbering economies and stock exchanges. It is not only speculators and the fear of terrorism that are to blame. Though the lubricant for the world-wide growth engine is not yet running out, the thirst for energy is increasing. The battle for the last reserves is becoming correspondingly fiercer. There is now a growing fear that the world could once again face an oil crisis, as in 1973, 1979 and most recently in 1990, with all the devastating effects this would involve for national economies: higher expenses for consumers and industries, increasing inflation and a teetering economy. So far, every recession in the past decades has been preceded by a brief oil shock. This time, however, the price increase may not merely be a passing phenomenon.

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wecus

10/21/04 6:17 PM

#313035 RE: Zeev Hed #313011

Your mentioning IIVI made me look it up and I nearly took the bite - luckily I was to busy as I'm moving my office these days and my good old friend is nowhere to been seen. I will look into it tomorrow again, though, if I can find an opportunity.

I told you about GHVR before a week or two ago, you might want to check it out again if you're looking for, ehmm, volatility...It's my pigtale of the day as I was too greedy as usual but I have removed my truly outrageous ask there as well, since they reported good numbers today and could show more surprises in the coming time. This one seems to have been victim to similar malestreams as SLXP (on which I finally decided to double up, got hit on the fakeout at 15.13 and don't know if I like it..).

Got stopped out during my absence on COCO at 13.93 and afterhours seems to confirm this one, this one should have breaked today, instead it went back to healing mode IMO.

On my way to bed...