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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: GREENLAW4-7 who wrote (41209)4/1/2005 4:44:01 AM
From: GREENLAW4-7  Read Replies (1) of 206087
 
One last point, on the charts we clearly have selling and distribution on the OSX. Its not unheard of for the OSX to fall BEFORE the actual product falls like back in october. If I am correct OSX ha severe short squeeze and should come back to reality fairly soon. I do not believe this move is a change in the trend who many said 2 days ago was clearly DOWN.

Next week, I expect an even HIGHER BUILD, so the traders better get the product to 100 and quick, because sooner or later you will see crude fall from 50's to low 40's-high 30's IMHO based solely on FUNDAMENTALS!!

Regarding demand destruction price, who ever said $50 crude does not destroy demand besides GS?

China will be another Japan of 1997-98 and anyone who was trading rude and OSX as I was should remember we heard the same BS about Demand and Capacity.

Good luck folks
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