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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thean who wrote (14921)3/16/1998 4:53:00 PM
From: RGinPG  Read Replies (1) of 95453
 
oilworld.com
This is of WTI Crude, which runs about 1 to 1.5 $ per barrel lower than Light Sweet Crude. Looks like good support at 12 or 13, which means support at 13 or 14 for Light Sweet crude. I get the price today at 13.28 for light sweet crude. I would say we are at the support levels. You have to go back to 1978 and before to get lower levels than this.

I think we will get good support at 13. If not, we have a paradign shift, and my whole portfolio will go into the trash.
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