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Strategies & Market Trends : Sharck Soup
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To: Softechie who wrote (32511)8/4/2001 8:58:56 AM
From: GREENLAW4-7  Read Replies (2) of 37746
 
Soft, I'm hearing alot regarding the GLUT, and it may make sense if world economy heading into recesion territory.

I got stopped out of my drillers, and by the look of crude lately OSX may head to new lows as Crude retests 24, and perhaps heads to 21-22 area by early fall.

Funds are still net sellers and buyers of puts on OSX. So for the time being I'm on the sidelines. ILA and APA still hanging tough.
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