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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (99430)	5/3/2001 10:16:24 PM
From: Terry Whitman	Read Replies (1) of 436258

That's a mighty steep drop in oil stocks we've seen in the last couple of days- but, the XOI may have just found support at the 50dma. askresearch.com A move up thru $30/bbl would break the weekly crude price out of the down trend off last fall's tops. futures.tradingcharts.com I'm still long energy. I am optimistic, but also open to the possibility that a prolonged economic downturn could lower demand enough to keep the price from breaking out..

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