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To: Think4Yourself who wrote (41227)3/30/1999 2:06:00 PM
From: Mike from La.  Read Replies (1) | Respond to of 95453
 
PLus, the analyst is overlooking the fact that Saudis required the other OPEC countries, especially Venezuela, to get into compliance before the meeting. Those cuts will be showing up now, plus the continued reduction in US production from shut-ins and depletion.

Mike



To: Think4Yourself who wrote (41227)3/30/1999 3:34:00 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Lingerfelt, there is an old Wall Street saw that perfectly describes Bull market price action. It goes "Hey, I just saw somebody throw a brick out a window ..... and it went UP!" Last time I looked, crude was at 16.6 and climbing. I got one word for Doombergs analysts - CLUELESS!