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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: elmatador who wrote (6543)5/18/2006 3:31:20 PM
From: energyplay  Read Replies (1) of 217716
 
El Mat - Thanks for posting that !
I expect to be reducing my oil stock exposure tommorow.

With the Iran moves, some demand reduction from higher prices, and hedge fund unwinding, I expect we may see oil drop to the 50s. Note that North American NG has gone under $6.00 today.

Okay, if hot money moves out of oil, where will it go ?

Back to metals ....or something else ?
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