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To: Thean who wrote (5880)12/8/1998 9:07:00 AM
From: SJS  Read Replies (3) | Respond to of 14427
 
Thean,

The press has gotten a hold of the Arab resolve to maintain or increase the production cuts currently in place. Paul Harvey reported this morning that customers should "be expected to be paying higher prices for gasoline" from the Arab action.

Coupled with the expectations out of Venuzuela that the new president is likely to hold their cuts as present levels, and now truly cold temps on the east coast, we may get some psychology in this game to the upside.

I agree, take the ST trading opp....LT still looks miserable. What are you buying long?

Is NE or FGI a good trading opp, or do you like something better...I think RON could make a large move...

Steve