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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (53045)9/21/2000 12:03:18 AM
From: ricsbiz  Respond to of 63513
 
JXM - We can always give cousin It a cozy cement doggie sweater from Secret Santa to keep him warm during his little swim! ;) Home Depot here I come!! Wonder if they gift wrap.



To: Jorj X Mckie who wrote (53045)9/21/2000 3:06:28 AM
From: Junkyardawg  Read Replies (1) | Respond to of 63513
 
Bloomberg Energy
Thu, 21 Sep 2000, 3:04am EDT

09/21 02:09 Crude Oil Falls After IEA Says OPEC Has Capacity to Pump More
By Lim Le Min

Singapore, Sept. 21 (Bloomberg) -- Crude oil fell as much as 1.2 percent after the International Energy Agency said OPEC has enough spare capacity to pump another 2.2 million barrels of oil if prices stay high.

Crude oil for November delivery fell as much as 42 cents to $34.82 a barrel on the New York Mercantile Exchange in after-hours electronic trading. It recently traded at $34.85. Oil for October delivery rose as high as $37.80 a barrel yesterday, the contract's last trading day, the highest since October 1990.

OPEC can produce as much as 31.4 million barrels a day, or 2.2 million barrels more than the 800,000 barrels a day the group pledged to add to supply from Oct. 1, Paris-based IEA said. OPEC may pump 500,000 barrels a day more later in October if prices don't fall below $28 a barrel, the organization's Secretary- General Rilwanu Lukman said yesterday.

The IEA statement ``provides some reassurance to the market that OPEC would have the ability to act if needed,'' said Nut Poo- Aree, an oil trader with PTT International Trading Co., the trading arm of state-controlled Petroleum Authority of Thailand.

Oil prices have risen 36 percent this year and are more than triple the level at the start of 1999 because of an 18-month-long policy of supply restraint carried out by members of the Organization of Petroleum Exporting Countries.



To: Jorj X Mckie who wrote (53045)9/21/2000 8:10:55 AM
From: Don Pueblo  Read Replies (1) | Respond to of 63513
 
Is there a glossary for that post?



To: Jorj X Mckie who wrote (53045)9/21/2000 11:36:03 AM
From: SmoothSail  Respond to of 63513
 
LOL - if that happens, Uncle Fester goes in the pool, Cousin IT and his brother Fang get frisbied into the neighbor's briar patch.



To: Jorj X Mckie who wrote (53045)9/21/2000 11:41:32 AM
From: SmoothSail  Read Replies (1) | Respond to of 63513
 
From a Schwab news alert

Cisco Systems Inc (CSCO) - More than one analyst
revised their earnings estimate for this year in the same
direction in the last 24 hours. 2 Analysts
increased their annual earnings estimate. The Consensus
Estimate changed from $0.74 to $0.75.