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To: Lazlo Pierce who wrote (23946)6/12/1998 10:17:00 AM
From: Thomas M.  Respond to of 95453
 
Jim Rogers, who's very long oil & oil stocks, pointed out on CNBC this morning that there is currently a distortion in the oil market. A key supply point in Oklahoma is glutted with oil, and has driven spot West Texas crude below Brent, a historical anomaly. He pointed out that crude futures are not as beaten down as the spot prices.

Tom



To: Lazlo Pierce who wrote (23946)6/12/1998 10:32:00 AM
From: Bazmataz  Read Replies (2) | Respond to of 95453
 
We all know on this thread that analysts are morons. That means they've been rating these stocks "buys" since they were well over twice as high as they are now. Geez.

Baz



To: Lazlo Pierce who wrote (23946)6/12/1998 3:31:00 PM
From: Captain James T. Kirk  Read Replies (2) | Respond to of 95453
 
The OSX is up ? What ? Is this the beginning of the end ?