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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (6780)	7/7/2005 8:56:25 AM
From: robert b furman	Read Replies (2) \| Respond to of 12411

Hi GZ, Just wanted to thank you for the spiral and c-hil's questions to give a great dialogue on how to measure the spiral. Your top and bottom description on the 17th and the 27th has just turned on the light in my slow mind. Thanks to the both of you. I'm tempted to snag a long -if this opening dip (regarding London's terrorism this morning) developes into an open at the bottom of the spiral's range. Looks to me like it gets a lot of knee jerk speculation closed. I happened to wake up this A.M. right when the first bomb was thought to be an electrical problem - OIL imploded to down 2.70 ish in almost a 10 minute time period. Then our friends from Opec (who are just besides themselves about the high price of crude) announced that in 10-15 years they won't be able to meet demand. There is much speculation in crude and Opec loves it as it fills their coffers.When speculation exits they stir up the pot with longout fear mongering. Looks like a "buy the dip" opportunity to me. Bob