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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)4/6/2004 1:26:14 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
how about if Iraq religious civil war widens?
how about if Texas refinery explosion has effect on supply?
I think crude at $34-35 is a screaming buy
summer driving season is coming

markets overreacted to mediocre jobs report
and to OPEC meeting conclusion
and to increased US inventory levels

the trend is up for crude
I remember a few prominent forecasts about 6-9 months ago
guys were pounding the table for $25-30 oil
instead we headed toward $40

most "experts" could not analyze their way out of a jockstrap
they overlook basics like Arabs working off the euro denomination
so they enforce a de-factor euro pricing system
but without the official label, which would insult USA

/ jim
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