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

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To: Andeveron who wrote (105293)	7/18/2008 1:33:51 AM
From: edward miller	Read Replies (1) of 206148

I suggest you bookmark this post and look at it on the dates you recommend others look at your post. 1- You are running in the Moron-A-Thon (thanks to Steven Vita for that description of investors/suckers/chumps). 2- Since you are an economist by education I suspect you believe in reversion to mean for all commodities. In the energy market, reversion to mean believers are the dumb money talking. That means you economist types. 3- Believing in reversion to mean for crude oil means that you think the 30-year bear market in commodities will last FOREVER. Study history, and I mean more than the post WW2 era. No bear market lasts forever. Oil will never again hit $60 in your lifetime. You know nothing about the factors driving the price of crude oil. Ed

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