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Strategies & Market Trends : John Pitera's Market Laboratory

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To: nspolar who wrote (9437)5/19/2008 9:12:53 AM
From: robert b furman  Read Replies (1) of 33421
 
Hi Falcon,

Thanks for the post - one of the best reads I've read in a long time.

Interesting that CME is now bidding to buy Nymex.

I wonder if that pulls in ICE??

G&S and their bullish oil estimates also explains how their profitability survived the credit crisis.

Neuter the crisis and make it on oil - you beat all the competitors.

I love the quote:
“What you have on the financial side is a bunch of money being thrown at the energy futures market. It’s just pulling in more and more cash. That’s the side of the market where we have runaway demand, not on the physical side.”

End that with countries no longer buying for their SPR and you've finally got a crash every one will enjoy - can you spell a turn in consumer confidence and a stock market rally like the globe has never seen.

Great read !

Thanks again.

Bob


Bob
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