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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 (19670)	10/8/2004 3:15:08 PM
From: NOW	Read Replies (3) \| Respond to of 110194

other possibilities: dollar to zero, oil to 150, gold to 1500, dow to 2k, interst rates to 15%.....

To: yard_man who wrote (19670)	10/8/2004 3:17:57 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 110194

RE:"I think oil gets its capitulation blowoff / squeeze to near 60 soon" Hey wait. Didn't you say $56.30 would be the top for crude? Keep moving it up! <G>

To: yard_man who wrote (19670)	10/10/2004 4:36:05 PM
From: XBrit	Read Replies (1) \| Respond to of 110194

>>I think oil gets its capitulation blowoff / squeeze to near 60 soon<< So you're expecting the Chinese economy to roll over from 10-15% growth into recession in the next 3 weeks? Otherwise, that remark makes no sense whatever. The oil price is NOT driven by speculation, it's driven by real supply/demand imbalances. It's historical fact that oil usage is fairly insensitive to price, so that large price changes are needed to resolve even modest market imbalances.