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To: Meridian who wrote (57634)12/30/1999 4:11:00 PM
From: Crimson Ghost  Respond to of 95453
 
Today's drop in oil prices probably reflects reports that Venezuala may seek OPEC permission to hike output so as to provide more disaster relief after recent floods and mudslides.

Picked up a little more FSESX at the close today. Will become more aggressive if OSX dips below 80.



To: Meridian who wrote (57634)12/30/1999 4:41:00 PM
From: IndioBlues  Respond to of 95453
 
The street discounts statements by the Iranians to some degree because they have a reputation as being quite "hawkish" on crude pricing. FWIW