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To: DYW who wrote (33116)12/18/1998 12:13:00 PM
From: gmccon  Respond to of 95453
 
General on Pentagon briefing just said that we've now fired more cruise missiles than we did in all of the Gulf War. Showed some real nifty pictures, too, of us blowing up a communications building in Bagdad.

The big news is Cohen just said they did indeed take out a refinery. He said that particular refinery was selling oil in violation of the agreement.



To: DYW who wrote (33116)12/18/1998 12:24:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<<Why aren't we seeing this impact on the stock prices in the sector?>>

...because the ''powers on the Street'' are playing this sector like a cheap violin !

There are ''few'' Mutual Funds or Institutions that ''can'' buy here untill the 1st of January; due to their having to take allmost historic tax loss selling writeoffs... The Street will ''spin'' this and short the sector with everything they've got untill the 1st of Jan. Watch this thing unwind then ! The short covering will be huge, simply huge here... We WILL have another 30-40-50% run up here starting Jan 1st imho. Simply not enough buyers here to move the 'patch untill then imho.

PS more on that ''infadel'' Fadel Gheit <VBG>....

...this duplicitious puppet was touting the Oilpatch as a historic contrarian play 3 months ago; now Crude and the Oilpatch are hopless; crude could fall another dollar or two !!?? - $8 ??? If this A$$#@)* touts the Oilpatch as oversold or undevalued in the next 12 months he sould be ran out of town ! HE will forever go down as a Dorfmanesque Marrianette...<VBG> Poppogiggio Gheit !!!



To: DYW who wrote (33116)12/18/1998 1:01:00 PM
From: SJS  Read Replies (1) | Respond to of 95453
 
Aziz also said that "Butler was a pawn of the USA".

Now if that's NOT the pot calling the kettle black, I don't know what is....

I don't know if the damage done, if any, is enough to cripple their oil production or distribution capability. If not, then hitting an "oil production something" is meaningless and the OSX would not be affected.

Maybe they blew it up themselves to show that the US, who said they were going to leave the oil production capability of IRAQ intact, lied about that, too.

Just over the news: We've already used MORE cruise missles so far in 3 days that during the entire 1991 gulf war. Amazing. They cost about 1 million each. The government of the USA want you to keep that capital gains tax coming in.....