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To: Douglas V. Fant who wrote (41501)4/1/1999 6:12:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
OSX action today was especially disappointing given the strong rebound in crude which closed down just 12 cents.

Looks like Gary Burton had it right. A rally early next week to the high sixties and then a drop to the 60 area.

Then after some reaccumulation a move to 80 or so by late spring/early summer assumimg reasonable OPEC compliance. And that probably will be the peak for the year.

Those spreading rumors about OPEC noncompliance are obviously trying to support their shorts. Why then did crude drop just 12 cents?



To: Douglas V. Fant who wrote (41501)4/2/1999 11:50:00 AM
From: ldo79  Read Replies (1) | Respond to of 95453
 
Doug (or anyone)

Any comments on GASFX as a pure nat. gas play - long term, IRA holding? Looks like their top 10 holdings are "heavy hitters" for North America nat. gas.

biz.yahoo.com

TIA

Regards.