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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (4811)3/9/1998 8:22:00 PM
From: Dave Fong  Read Replies (1) | Respond to of 24921
 
Hello Kerm

I run a software that keeps track of winning and losing months. The month of May is easily the most winning month and the fall months and the month of June have faired very poorly.

Dave



To: Kerm Yerman who wrote (4811)3/14/1998 6:37:00 PM
From: Doug  Read Replies (2) | Respond to of 24921
 
Kerm/Timing: Any analysis of Timing will be distorted by the pricing spikes. This year because of a 2m excess, WTI crude could go down to the $10 level and remain there till the Suppliers agree to throttle back. At the moment Saudi-Arabia & Venezuela are in a locked battle with taps cranked open 110 percent of last years capacity.

I believe the tide will turn only when the Venezuelans feel the pressure and cut back production.