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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Taikun who wrote (56504)11/27/2004 12:21:23 PM
From: BubbaFred  Read Replies (2) of 74559
 
I read somewhere there are many analysts' expectations for light sweet crude to drop to the 38-40 level by spring 2005. But that's the price range to stay for many months. Other bullish analysts figured the same, but they expect the next move is to the 70's level.
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