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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (22310)	7/12/1999 10:30:00 AM
From: wizzards wine	Read Replies (1) \| Respond to of 34811

Morning Jerry...You've hit the nail on the head with the $20 oil, but How long will it last??? Do the math with the price vs production and the cuts to get the price up...how long before the producers start slipping a little more into the pipeline to sell more of that $20 oil... Flood city on the supply side and thus the price will drop, like a rock... The needed growth to take up the current supply capacity still is not there and the supply capacity continues to grow with new technologies. Add this to our pissing off Russia and China, and Kosivo being another potential Vietnam... Well, Guess I just follow the indicators... Good trading while it's good buddy... Later Preston