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To: Platter who wrote (38690)3/2/1999 6:11:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
My reading of the chart is that crude will rally on the API news but top out Wed/Thurs below the recent peak of 12.80 and then dip below the most recent trough at 12.18. At THAT point, we shall see what we have... If crude takes out 12.80 Wed/Thurs, my count's obviously wrong



To: Platter who wrote (38690)3/3/1999 3:59:00 AM
From: Dwight E. Karlsen  Respond to of 95453
 
And crude up another 15&cent on Access, to $12.66

NYMEX April crude settled at $12.51, up 27 cents, after last trading at $12.48. Its intraday high was $12.55 and its session low was $12.32.


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