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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (11224)	11/23/2001 2:57:14 AM
From: Lee Lichterman III	Respond to of 74559

Yep, confusing times. I can't recall seeing so many bond offerings yet stock investors seem to ignore that these new bonds get to cut in line ahead of them for future profits or remains if the companies go under. FA doesn't exist much anymore in this generation yet we all know it will return someday and will be ugly when it does. Regarding oil, it is even more confusing. This post here is a prime example. IN less than 24 hours, the articles are exact opposites regarding Russian production cuts....... From: t4texas Thursday, Nov 22, 2001 7:48 PM View Replies (1) \| Respond to of 4341 latest oil ping pong with russia and opec whose serve is it? themoscowtimes.com themoscowtimes.com from Message 16694611 ==== I am interested in these oil plays as I picked up some of the higher yielding oil trusts during their fall over the last 2 weeks. I started buying BPT for example at 13.50, then 13.00 and at 11.50. It has climbed back to 13.00 and I am trying to decide how much to sell and how much to hold as Russia and OPEC play their poker hands out. Good Luck, Lee