VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: lurqer who wrote (3545)	9/25/2000 12:41:21 AM
From: Raymond Duray	Read Replies (1) of 65232

Thanks lurqer, A fairly boilerplate response from Lukman, though the warning is a bit ominous. I'll be more inclined to watch price levels, and API/DOE production reports to see where this is headed. Several weeks ago, OPEC reps were quoted as being in favor of lowering the market to a stable price for a barrel of crude in the mid to upper USD 20's. They've changed their tune and are now preaching that today's price is the right price. To me, this indicates trouble brewing. Just a feeling. There's more animosity in the tone of the discussion today. FWIW, Ray

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