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To: Moominoid who wrote (124376)9/21/2005 11:31:42 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
Shack is right, imo. One-sided consensus will endanger any chart. I'm not sure, however, that there is a consensus on oils. Read somewhere that small specks are pretty short. Don't remember where I read it, regrettably.



To: Moominoid who wrote (124376)9/21/2005 11:35:16 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
I agree, but they are prone to speculative excesses as well. I do believe in the FA story there make no mistake, but I have no clue as to whether price has run $20 beyond where it should be or whether crude is still vastly 'underpriced'.

And just so you know my bias or lack thereof, I am still very long oils in my retirement account although I have begun to unload a bit.


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