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To: Broken_Clock who wrote (446)5/27/1998 6:30:00 PM
From: bw  Read Replies (1) | Respond to of 14427
 
<<I think we're heading for an OPEC rally in the osx over the next 2-3 weeks.>>
Could be a reality, if oil can somehow push higher...and looks sustainable. El Nino continues to confound [100' of rain where I live, and currently raining]. The Asian thing seems to be the main depressant currently on oil price. If Japan truely enters into a depression, and some are saying they are now in one...this can't be good for oil demand. Further OPEC cuts will have another impact coming up also..
I'm ready to jump-in short term, if it looks like this isn't just another "sucker's rally". And actually, even a "sucker's rally" might work for some quick buckeroogies....<gg>