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To: Les H who wrote (134626)11/15/2001 1:08:57 PM
From: Jacob Snyder  Read Replies (2) | Respond to of 436258
 
re: 10$ oil:

If that happens, the oil service/drillers may take out the lows they set the last time oil was that low (early 1999):
siliconinvestor.com
We came close, in the recent panic selling.

Going long at 10$ oil, and waiting till the Chechens blow up Russian pipelines, and the Saudi government falls to their local Saddam Hussein or Bin Laden, would be a good play. And a good hedge against any long positions in tech or cyclicals.



To: Les H who wrote (134626)11/15/2001 1:18:02 PM
From: Les H  Respond to of 436258
 
Farm prices dive in October

farmprogress.com