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To: NickSE who wrote (79112)12/10/1999 10:36:00 AM
From: pater tenebrarum  Respond to of 86076
 
Nick, optimism as expressed by the sector put/call ratios on the oil service group was way too high. nevertheless, i expect Y2K disruptions to push oil prices higher, and the sale of strategic reserves will ultimately turn out to have been a giant folly.