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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (12402)12/28/1997 9:06:00 AM
From: Teddy  Read Replies (1) of 94695
 
RE: "4. Light Sweet Crude drops below $16.50 on New York Merc."

Am i correct that lower Crude prices would benifit Refiners? (Lower Cost = Higher margins)

Would it makes sense (and Dollars) to go long on small refiners such as UDS or TOS?
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