Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (69369)	5/17/2004 11:20:04 PM
From: Skeet Shipman	Read Replies (1) of 94695

Hi Bill, Here is my opinion on oil. The supplies of oil can only stay hidden so long. The typical response of producers, transporters, and refineries during an oil price spike is to delay reporting of recent supplies to obtain higher prices for their inventory. This delay exaggerates the demand supply imbalance fueling further price increases. and profits for the companies. Of course, this unidentified supply inventory only stays hidden so long before prices decline. How much longer before it shows up in inventories, I do not know, perhaps now or latter this month. Soon is my guess. Skeet

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