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Non-Tech : Invest / LTD
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To: Thean who wrote (1275)7/22/1998 9:56:00 PM
From: Broken_Clock   of 14427
 
Thean, what is interesting is that oil rebounded pretty well today even with bearish inventory data. I liken than to the barron's article that Challo posted yesterday. The commercials are getting every drop thay can at these prices knowing that it will cost more in the future. As barron's pointed out, the commercial insiders are very long commodities now while speculators are short. BTW, RON & FLC had a huge spike down today and recovery on volume.
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