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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: bearshark who wrote (12402)	12/28/1997 8:37:00 AM
From: Tommaso	Read Replies (2) \| Respond to of 94695

Seems reasonable, though I hope you are wrong about the price of oil. But you certainly could be right--there seems to be more oil piped out every day from the former USSR--and there may be an easing in demand as well. I have quite a bit in oil as a hedge--something that is independent of both stocks and bonds.

To: bearshark who wrote (12402)	12/28/1997 9:06:00 AM
From: Teddy	Read Replies (1) \| Respond to of 94695

RE: "4. Light Sweet Crude drops below $16.50 on New York Merc." Am i correct that lower Crude prices would benifit Refiners? (Lower Cost = Higher margins) Would it makes sense (and Dollars) to go long on small refiners such as UDS or TOS?