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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (7979)5/11/2004 11:18:25 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 312257
 
futures pits challenge OPEC ministers, call their bluff

OPEC has resorted to Fed tactics
talk is their main weapon
they have no more excess capacity
and their oil reserves are half what they claim

Fed talks more than acts
now ditto for OPEC
T-minus 20 months until Saudi Arabia House of Saud falls
just a guess

/ jim