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Re: was pennytrader post# 3095

Tuesday, 05/02/2006 6:28:00 PM

Tuesday, May 02, 2006 6:28:00 PM

Post# of 86131
OT. No? Check the level of distillate currently being stored. There's a glut. Oil can drop back to the 50's in a hurry. Not saying it will, but with some easing of the Iran situation - which I expect - and present price factoring in a lot right now, I think the price could break down soon. And SPZI? When good news finally hits, getting in cheap will be very difficult. Many on the sidelines watching this one IMO.