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


To: yard_man who wrote (14661)5/28/2004 5:42:24 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Specs are a concern in the energy sub-group, as they just increased up to 240,093 futures and options. Just looks like the MoP is turning out all the stops to shake these guys out some. On the otherhand, a hurricane in the GOM, a big June heatwave, a blow-up in Saudi Arabia, or Venz. would create a giant spike. The best of all worlds would be the successful spec shakeout and phoney correction like what happened in metals, and then the outside of the Land of Oz giant spike <g>. Come to poppa! I'm just hoping lightning strikes twice, and other than dabbling, that's how I'm playing it.