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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (33963)7/31/2004 7:35:38 PM
From: t4texas  Read Replies (1) | Respond to of 206110
 
quehubo/tomas, et al, i am stumped by fred leuffer's scintillating oil inventory pronouncements on k&c and other progams. he continues to state that that oil inventories are at all time highs, and no one calls him on it. i have looked over charts like those in this report below for several weeks, and i just don't understand why some interviewer does not call on fred to explain what he means by all time high inventories of oil, etc. i have compared this report's numbers to those the eia outputs each week, and we are nowhere close to all time high inventories. in fact it appears we are at or under the five year averages for any petroleum product that is reported. for anyone following along i am talking about the charts on page 2, 3, and top of page 4. (in the past i have sent cramer email telling how unarmed he and larry look when they try to question the fnm ceo, frank raines, about complex accounting structures they both know nothing about. when they interview leuffer however, it appears they don't want an interview but a puppet who is willing to say lower oil prices are coming. likewise i am surprised how deferential chris edmunds is toward fred in heads-up interviews on k&c.) i would like for some interviewer to simply ask fred leuffer to quote some reported inventory numbers so someone can try to get an orientation of where his inventory numbers are coming from.

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