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To: BigBull who wrote (92635)7/21/2001 6:06:39 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
I think 80 could well be the low or very close to it. Remember the OSX drop to under 50 a few years ago reflected a crude plunge to $10. And frankly I cannot see crude dropping anywhere near that level in this bear with OPEC prepared to cut production considerably. OSX 80 already is discounting crude in the $20 area.