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Frank Pembleton

11/04/02 8:53 AM

#41500 RE: limtex #41497

just keep in mind that oil is key-- $30 oil is pretty much the ceiling for US economic growth, it always has been in the past. -- Falling oil prices might even give the fed a reason to hike interest rates -- which would absolutely kill the goldbugs and extend this rally for a lot longer than anyone thinks. But don't get perma-bullish either, there's still a huge problem in the Middle East.

Regards,
Michael