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To: IQBAL LATIF who wrote (30781)	2/28/2000 5:17:00 AM
From: Roebear	Respond to of 50167

Ike, Thanks for your views on oil prices. I will have some further comments but do not have time to detail them today. A further question if I may, the euro is very weak tonight. Do you have any views on the euro weakness and why it is not being supported by the EU? Best Regards, Roebear

To: IQBAL LATIF who wrote (30781)	3/31/2000 2:06:00 AM
From: IQBAL LATIF	Respond to of 50167

Thread posts are about fair view above self interest, when you rise above your own positions and look the broad view, that is where you are able to understand the real dynamics of the market, on 28th of Feb when Oil was all over places I had this to write on OPEC action..... <<Message #30781 from IQBAL LATIF at Feb 28 2000 1:44AM People who matter in Oil industry in Middle East have much more saner view of this untenable oil price, Zaki A. Yemani has already spoken in favor of lower oil prices, this short term pop will lead to long term pain and thati s exactly what Saudis want to avoid. Fiscal policies based on pops fizzle out with disasterous consequences, they know it well they would rather have a 'consistent rev stream' on stable oil prices than boom and bust rev stream on strong oil prices, based on this I would assume that we will ideally look at 19-22$ as prices that the swing producers within OPEC would agree.. fwiw>> Looking back at it like many a times in the past I feel good that I was able to rationalise Oil move and bring the analysis that with stood test of times.... the most important thing for a trader is to be fair to analysis and not let his or her views cloud the deduction, posts like the above are classic example of small people on internet making world a better and more understandable place to live in, this is in quality and approach ture representation of facts and that is what global interactivity will bring about, that will cut through non-sense and discover the facts..