The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (21217)	11/2/2004 2:16:01 PM
From: ild	Read Replies (1) of 110194

Date: Tue Nov 02 2004 13:40 trotsky (Mooney@crude) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved congrats on the timely spotting of the correction in crude - but i think it's just testing the previous break-out over $49-$50...for reasons previously discussed ( i.e. the slight net speculative short position which is mostly accounted for by small traders ) . that said, the medium term fundamentals are bound to deteriorate the more of the temporarily lost Gulf production comes back online. i also note a complete lack of cold winter weather thus far - in contrast to various forecasts that were made in recent months. but the market remains tight for other, more important reasons, namely strong demand growth coinciding with more and more depletion in major producing regions - that should keep the long term bull market intact, regardless of short to medium term gyrations, at least until the world relapses into synchronized recession.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next