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

To: russwinter who wrote (14842)	6/3/2004 9:12:08 AM
From: gregor_us	Read Replies (1) \| Respond to of 110194

Russ: If The Cure for High Prices is High Prices, then OPEC has just been pushed, politically, to a dangerous inflection point, by capitulating to demand that a Lower Price Effort be undertaken. I am doing extremely well with my portfolio of Calls, on several majors. But, in keeping with my view, I fear most not a downward moving oil price, but, rather, an upward, volatile oil price on myriad factors not the least of which is a potential Grand Unmasking of Saudia Arabia as the OZ of Oil--no longer the Central Bank of Oil. This OPEC drama today is a potential set-up to an explosive Summer of oil prices. Once again things feel like the Endgame here--but my sense is that the whole Game gets rebuilt one more time before the election.