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To: John Madarasz who wrote (39117)5/20/2002 12:04:30 PM
From: John Pitera  Respond to of 209892
 
Excellent points John.

I agree with you that the major trend is higher for crude. I don't see a move back down to $15 either.

are you point out the US Dollar can fall all the way back to the 102 area and still be in it's major uptrend. From a forecasting and position trading perspective, I'd be very pleased if a move to 102 comes to pass.

sorry about my slow response time. I had 3 seminars that went from 6 ot 9 pm last week and had dinner out with groups each night. It cut down on my turnaround time.

John