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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (902)8/30/2001 12:36:23 PM
From: Cogito Ergo Sum  Read Replies (1) of 36161
 
Hi frank,
Don't think about me getting too optimistic LOL. I read this stuff too.

I view NG as a leading indicator here. Oil prices might be manipulated, but one false step on the part of OPEC and you'll see your $18 in a NY minute. Consider that this recession is now being exported overseas to the real oil users, and managing supply to a mid-$20s price regime is going to get trickier with every slow passing month. Betting on OPEC is a big gamble.
Message 16276951

regards
Kastel
a cute and cuddly Canadian
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