SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (45403)1/6/2000 11:57:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
As far as crude oil goes, I think that crude has topped out... I don't think the Fed pays much attention to whether crude has topped out or not... energy price fluctuations typically are discounted when they look at the CPI... so, while I do agree with you that crude is not a buy at these levels, we also have to take a look at the CRB Index which has been the nagging problem for some time now.....

commoditiesfutures.com

This chart, which reflects a broader basket of commodity prices, shows a large bullish pattern extending back for quite some time now...

GZ