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

To: mishedlo who wrote (12689)	4/27/2004 11:58:16 AM
From: Wyätt Gwyön	Respond to of 110194

check out "Buzz and Banter"

To: mishedlo who wrote (12689)	4/27/2004 12:08:05 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

Saudi Arabia has been "committed" to the 22-28 band for over a year now. what does it mean that oil is 32% above the high end of the band? it has been above the band on front-month crude since late September. either the Saudis are lying about their commitment to the band, or they have no control over the price of crude. if they have no control over the price of crude, then it is difficult to think of them as meaningful swing producers. if there are no more swing producers, then TWAWKI is fuct.