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To: isopatch who wrote (72220)9/3/2000 3:04:16 PM
From: Second_Titan  Read Replies (1) | Respond to of 95453
 
Link to OPEC chatter.

Greenlaw, as a betting man I have small short positions on HAL and GLM. I consider both of these to be reasonable plays for 1-2 point drops from Fridays close. But this article supports the point that SA cannot talk down crude prices , only product inventory builds will do it. Since refiners are reluctant to buy crude to build product inventories with crude prices high, seems we have a catch 22.

Any person with a significant short position in many OSX plays really has exposed himself to very limited potential gain vs tremendous risk of loss. All Saddam needs to do is hint of withholding exports...

nytimes.com