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To: pat mudge who wrote (14553)12/2/2000 10:02:28 AM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 24042
 
Hi Everybody-- over the last week Euro gained 5% and oil dropped
to 32 from 35.
There is huge amount of heating oil ready to ship in TX and
the oil reserves are rising fast.
Looks like oil will be just under 30 in 2-3 weeks, something
Fed will like.
With Euro entering bullish phase Q1-Q2 numbers for US companis will look much better.
Also after election is over some kind of intervention by G7 is possible, if Euro will be to week.

Zbyslaw


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