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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (6311)	4/25/2001 6:44:13 PM
From: Lee Lichterman III	Respond to of 52237

>>What's your read on crude << I think oil has pretty much stabilized around 28 for the mid term both TA wise and FA wise. I think it is a fair price and it is in everyone's best interest to keep it there. OPEC doesn't want ot drive up prices for fear production will ramp up from non-OPEC nations and they don't want to go too low and give it away again like in the mid 90s. The real question will be the refineries which are maxed out right now. If they start having to shut down for maintenance or a few more fires like in Cali a few days ago, then gas prices could shoot up despite oil staying steady. Good Luck, Lee