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To: pz who wrote (31790)11/13/1998 12:55:00 PM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
I don't know of any news, but crude appears to have hit a trendline resistance, if I'm reading the chart right. If it doesn't break that sloping downtrend, I'd be concerned about the bottom holding over the next couple of weeks. Perhaps real events in Iraq will turn it around; I don't know.



To: pz who wrote (31790)11/13/1998 1:28:00 PM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
Crude fall - due to lessend certainity of a conflict in Iraq ?

First; I don't want to see anyone go to war. But, how can we let Saddam pull our chain to the tune of $1 Billion + for the worlds most expensive false alarm ?

It ought to be a ''don't make me get out of this chair'' scenario. Once I get up; I ''aint'' sitting back down without opening a 6-pack of whup-ass...<VBG>. ...once a final verbal warning doesn't work and the first plane lifts off - there should be no turning back. Without this our ''words'' have absolutely no meaning... Gotta do it now imho; gotta hit the oilfields to cripple him financially and take out the manufacturing capability for chemical, biological & nuclear warfare. Hopefully to an extent that the people and Military will take control from Saddam. This is too expensive and too risky not to complete the ''job'' in full this time; that means leaving Iraq without the financial or physical manufacturing capability to be a threat and with the clear message that they will be better off without Saddam in power...