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To: Cynic 2005 who wrote (11960)	11/30/1998 2:12:00 PM
From: IceShark	Read Replies (2) of 86076

M5, Oil is in serious trouble from a S/D picture and I would be very careful. Unless Asia turns on a dime, it looks cooked for quite some time - which producers are going to cut back at these levels - they need every dime they can get. The oil bulls are trying to hang their hat on the hope that Y2k will be a disaster. Apparently this could be a problem since it arguably is the most computerized industry around. But I wouldn't want to bet on that now. Regards, Ice

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