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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (4712)9/27/2001 10:53:02 AM
From: Terry Whitman  Read Replies (2) | Respond to of 33421
 
John, do you still like the tankers here? They've come way down in price, following the price of crude. NAT, TK, etc.

Why would their profits depend that much on the price of oil? Don't they get paid by load? They would still be hauling the same loads, irregardless of the price of the cargo..
NAT at 20% yield here.

TW