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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (69369)5/17/2004 3:11:02 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yeah. Bonds are misbehaving, though - perhaps, temporarily.



To: William H Huebl who wrote (69369)5/17/2004 11:20:04 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill,

Here is my opinion on oil. The supplies of oil can only stay hidden so long. The typical response of producers, transporters, and refineries during an oil price spike is to delay reporting of recent supplies to obtain higher prices for their inventory. This delay exaggerates the demand supply imbalance fueling further price increases. and profits for the companies. Of course, this unidentified supply inventory only stays hidden so long before prices decline. How much longer before it shows up in inventories, I do not know, perhaps now or latter this month. Soon is my guess.

Skeet