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Post# of 704041
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Frank Pembleton

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Frank Pembleton

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Re: Bacchus_II post# 42725

Wednesday, 11/06/2002 5:58:03 PM

Wednesday, November 06, 2002 5:58:03 PM

Post# of 704041
Personally, I think the shorts should be careful around the bull these days-- with oil falling to a 19-week low this can only mean a war with Iraq has been put off, maybe for good? The so-called "we-stick-together" cartel know as OPEC is flush full of cheaters. I'd say low oil prices might be a nice Christmas present for the U.S.

Overcapacity is a nice way to say I'm sorry...

NYMEX crude ends down on OPEC output, gasoline
http://biz.yahoo.com/rf/021106/markets_energy_nymex_6.html

Regards,
Michael


FP........................................................

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