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Wall Street Wisdom

ddsmith@connected.com
(smirk, rumors, finance)

This comes from Stephen Dunphy's "Economic Memo" column in the Seattle 
Times 4/10/94.  He uses it to try to explain the mind-set of market 
traders and the cause of unexplained market fluctuations.

	An oil prospector, moving on to his heavenly reward, was met
by St.Peter with some bad news. "You're qualified for residence, "
St. Peter said, "but as you can see, the compound for oil men is
packed.  There's no way to squeeze you in."
	After thinking for a moment, the prospector asked if he might
say just four words to the present occupants.  That seemed harmless to
St. Peter, so the prospector cupped his hands and yelled, "Oil
discovered in Hell."
	Immediately the gate to the compound opened and all the oil
men marched out to head for the nether regions.  Impressed, St. Peter
invited the prospector to move in and make himself comfortable.  But
the prospector paused, then said:
	"On second thought, I think I'll go along with the rest of the
boys.  There might be some truth to that rumor after all."

(From the "Rest" of RHF)


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