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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Square_Dealings who wrote (22819)12/3/2004 10:57:12 PM
From: gregor_us   of 110194
 
Crude Had Alot of People Twisted Up Like Pretzels

on the way up, and now, like you, I have to wonder if it's about to conduct the same mischief in its most recent move downward. What I enjoy is the intersection of the Singapore Air Fuel Company story, "getting blown up real good" in bad bets as crude rose--emerging just now, as crude is crumpling.

Which victims story, of Falling Crude Woe, will emerge next, as crude begins its next rise?

Overall, I thought this week's reaction was extraordinary to the Distillate number. Very hyper.

But I do smell in it a forecast of a weakening global economy.

LP
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