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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (40301)2/14/2000 7:53:00 PM
From: pater tenebrarum  Respond to of 99985
 
Les, there's a consensus that OPEC will behave and raise production quotas at the March meeting. imo that's far from certain. after all every WS strategist and economist will tell you that high oil prices don't matter in the 'new economy'. so why should producers accept lower prices? the memories of $11 oil and OPEC disarray are still fresh....