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

To: Frank who wrote (71)	4/18/2005 10:25:00 PM
From: gregor_us	Read Replies (2) \| Respond to of 89

Exactly Frank: Here's a Thought: What Doesn't Change is human behaviour, and tendencies. In other words, market participants will attempt to behave in the future, and, will percieve the future, as being almost a duplicate of the past. But while human behaviour is predictable, the world itself is always changing. Virtually nothing in the world is the same as it was 35 years ago wrt to Oil. Nothing. Not OPEC. Not Asia. Not the USA. And certainly not the supply of oil. Ahh. But Ned Riley "remembers" how it all turned out in the 70's, and so does Lee Raymond. You see? This is human nature to say the future will surely look alot like the past. But it doesn't. Not at all. What all these guys on CNBC really mean to say is that "we" have not changed. But they go too far. And they wind up saying the most ridiculous thing of all: That the world itself has not changed. LP