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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: Ken Reidy who wrote (39424)7/11/2001 3:51:35 PM
From: stan_hughes  Read Replies (1) | Respond to of 100058
 
Everything in the OSX has gone down more than I ever thought it would. There could be some oversold bounce in here somewhere, but don't lose sight of when they want out that bad, it usually means the big fellas ain't coming back anytime soon.

All JMHO - they could start a war in Kuwait tomorrow and double crude prices, or Iraq could bring an extra 2MM barrels a day to market and take them even lower. It's a very difficult market segment to accurately forecast.