Will someone send George @ NOESIS a pre-need Gift Certificate
ie: as in pre-paid ''Burial'' .... because he is the proverbial ''Dead Man Walking Web Site'' --- this guy is totally clueless and has clearly showed the world what a sheer ''spin doctor'' he was - only trying to catch the ''Gloom & Doom'' Posterchild Label by his infamously WRONG - $8 Crude call....or is it now, $10, or is it now $12 ? keep going George - and maybe enough people will forget that it was $8 and when you get up to $12-15 then you can claim you were right <VBG>.... sure we will get a post OPEC euphoria retracement in crude prices - but NOT Georges $8, or his $10...
IE: his comments;
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<<The price of crude oil has been increasing on pure speculation! There has been no significant change in world supplies, demand, or U.S. inventories. Since there is no real increase in demand on the part of refineries, the only demand driving prices is the demand created in futures trading. When futures prices increase and hold, spot prices follow.
Right now, there is no reason to modify the March forecast for crude oil prices: >>
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George long ago lost his neutral, non -partisan statistician/analyst credibility; with all of his creative license editing and personal commentary. His analysis on - ''ignore the numbers''; coming from a ''number interpreter'' pretty much was his death knell... what is amazing; is that in classic near-Clintonesque fashion; he on one hand, wants us to ignore the upside of present market prices - as they are ''not'' based on positive numbers'' - as we are basically at the same supply levels of last year... But - yet ! he had the audacity for months to preach in his infamous duplicitious manner than we should believe the $10 crude prices and NOT believe the fact that the supply numbers were indeed - ''the same as last year'' - WHEN THEY SUPPORTED $16 Oil ! - you can't discount the ''same'' numbers on on the upside, but yet want to use them as your standard bearer on the downside... We are supposed to ignore the speculative nature of market prices when they are going up - but yet, we were NOT supposed to ignore their same irrationality when they were going down....George - talk about wanting it both ways !
Get over it ! - NOESIS is DEAD WRONG ! ...all this guy ever did was throw out a low ball, Doom & Gloom Crude Oil price target when that was clearly where the trend was taking us; and most importantly - when that is what people wanted to hear.... Now; when it takes a real analyst to interpret and make projections based on a fast acting market place; he has fallen off the map.... good luck George - nice knowing you ---- $8 Oil huh; no demand, supply unchanged.... hang on to that mantra; because you're the only one who is...<VBG> ! |
