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To: John Pitera who wrote (106787)6/5/2001 10:46:12 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<crude has produced a bearish pattern on the charts>>

I agree, and I think the service stocks are looking fer some tough lovin' after the (extremely) bearish API's that came out today.



To: John Pitera who wrote (106787)6/6/2001 11:02:31 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
one thing: in spite of the near term bearish chart implications, there are still signs of tightness in the market. my canary in the coal mine is the price of Brent crude. currently trading at zero discount, and at times even a premium to WTI.