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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (11233)	4/2/2004 9:06:14 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

looking at the equities to predict oil prices is rather crude, no pun intended. all you need to do is see that the futures are in backwardation. i bought some December 09 crude contracts today for 27.70. so the "market" seems to think crude is going to depreciate almost 18% in the next 5.5 years.

To: Crimson Ghost who wrote (11233)	4/6/2004 1:26:14 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

how about if Iraq religious civil war widens? how about if Texas refinery explosion has effect on supply? I think crude at $34-35 is a screaming buy summer driving season is coming markets overreacted to mediocre jobs report and to OPEC meeting conclusion and to increased US inventory levels the trend is up for crude I remember a few prominent forecasts about 6-9 months ago guys were pounding the table for $25-30 oil instead we headed toward $40 most "experts" could not analyze their way out of a jockstrap they overlook basics like Arabs working off the euro denomination so they enforce a de-factor euro pricing system but without the official label, which would insult USA / jim