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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (13149)10/8/2004 1:22:29 PM
From: Jim McMannis  Respond to of 116555
 
RE:"$70 predicted by year end
last week 45% of analysts were bullish on oil
this week 70% of analysts are bullish on oil
Just heard this on Bloomberg TV"

Oh yeah!

At 90% I will sell...



To: mishedlo who wrote (13149)10/8/2004 1:31:15 PM
From: Tommaso  Read Replies (1) | Respond to of 116555
 
>>>this week 70% of analysts are bullish on oil<<

That sets off my Inner Contrarian alarm bell.