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Strategies & Market Trends : Natural Resource Stocks
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To: SOROS who wrote (22562)3/9/2005 10:56:16 AM
From: SliderOnTheBlack  Read Replies (4) of 108882
 
Soros.... re: Fidel, errrr Rafael Ramirez.......

When the Energy Bulls start reverting to Quoting the Fidelista's of Venezeula & the Ayatollah's of Iran puffing their chests about the Yankee Imperialists in Iraq.... it is reminiscent of all the Nutballesque End of the World Gloom & Doomers that have frequented the Gold Bull debate from time to time.

Extreme nutballs by any other name... were, are and will continue to be - extreme nutballs.

Crude could go to $500 per gallon next monday if a giant asteroid takes out the Saudi Oil Fields this weekend as well.

Bill O'Grady of AG Edwards now being quoted about the irrationality & non supply/demand supported commodity moves...

I hope Crude blasts thru $60 here... the best & most leveraged trade imho will be Shorting Crude Oil itself...

75% of Institutional Investors "overweight Energy"

Unprecedented Put:Call Ratio's with Individual Investors.

Nutballs being quoted & getting headline coverage.

Breathless CNBC commentators pimping Oil Traders on the Floor.

...couldn't script it any better if they let me write the headlines myself.

...patience - will soon be highly rewarded.

tic` toc'

PS: Crude Oil Supplies just rose to 8 month highs.

I'll repeat.

...it couldn't get any better for a Short...if they let us write the script.
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