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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (3997)	9/6/2001 5:14:20 PM
From: excardog	Respond to of 206334

When you look at those OPEC cheating numbers and add in last weeks 1.2 million p/d drop in gasoline demand it tends to make me think that oil is going to have to drop. One reason being the worlds economies are tanking while oil remains high price wise. A lowering of oil prices would stimulate even if only temporary the worlds economies. This would be a good thing all around. Those OPEC out put numbers should not be ignored. I think daily target production is somewhere under 25 million a day. 3 million more than that is a lot. IMO. Bought some puts on AHC as a hedge today. MUR warned a couple days ago why can't AHC do me that favor. Scott