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To: Lucretius who wrote (19765)9/19/2000 11:02:13 PM
From: pater tenebrarum  Respond to of 436258
 
not at a new high...but it's certainly zooming. looks like a new life of contract high for the November contract though, which will be the front month from tomorrow onward. has to catch up on the backwardation spread...



To: Lucretius who wrote (19765)9/19/2000 11:03:00 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<oil at a new high tonight.... >

I think that's bullish now... everyone KNOWS it's going to come down... so if it does so from a higher level, it can really get SLAMMED and look even more bullish... got it?

DAK



To: Lucretius who wrote (19765)9/19/2000 11:15:49 PM
From: Archie Meeties  Read Replies (1) | Respond to of 436258
 
Should be a struggle tomorrow. I suspect the bulls will turn a whiter shade of pale by the end of the week, however.


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