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To: Douglas V. Fant who wrote (36390)2/1/1999 7:17:00 AM
From: Crimson Ghost  Respond to of 95453
 
Doug:

We have reached a point where the OS ball is entirely in OPEC's court. If they do manage to cut production significantly next month (and the big money will get the word before the public), we should see the OSX rally 20-30% in very short order. But another OPEC fiasco would virtually guaranteee new lows.



To: Douglas V. Fant who wrote (36390)2/1/1999 7:21:00 AM
From: VLAD  Read Replies (1) | Respond to of 95453
 
Nothing like a little Iraqi backed turmoil in Iran to increase mideast tension:

dailynews.yahoo.com

Wait till they start attacking each others oil facilities.