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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (11233)4/2/2004 9:06:14 PM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
looking at the equities to predict oil prices is rather crude, no pun intended. all you need to do is see that the futures are in backwardation. i bought some December 09 crude contracts today for 27.70. so the "market" seems to think crude is going to depreciate almost 18% in the next 5.5 years.
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