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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (5935)	11/15/2001 3:23:04 PM
From: JRI	Respond to of 99280

Not Russia alone...but like I said....if OPEC can't get Mexico, and other players (Norway, etc) to toe line....it won't be easy for them to re-establish prices in a recessionary world economy. We'll see....this is going to kill the Venezuelan economy, and if Argentine default debacle takes place, as should, Latin America is some serious trouble next year.

To: Crimson Ghost who wrote (5935)	11/15/2001 3:30:13 PM
From: All Mtn Ski	Respond to of 99280

Well, OPEC certainly is not our friends, so if we can cozy up with Russia, why not? It is in our and world's best interest to keep Russia stable, and a part of that is a better economy, and more dollar inflows through trade, and oil qualifies. I'm not implying that you think the contrary, but OPEC needs to be broken. Russia is also more of a democracy now than any country in the Middle East, except Israel. I see greater Russian-U.S. cooperation as a real positive and I hope they are able to crack OPEC. Lower oil prices are what the world economy needs right now, and OPEC trying to push them up runs contrary to future supply/demand equations. A-M-S