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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (415)	9/12/2005 4:07:08 AM
From: elmatador	Respond to of 220025

20 years is a very long time in technology terms. What wasn't possible in the 70's today is. We need the catalysator. As you say the speculators are doing the same, and the market will react similarly. I will not. The 70's people were scared by the oil shock (and governments always like to have their populations on their tip toes.) The Xmas tree in the White House lawn was unlit. The royal family of Holland was using bycicles (they wanted to give an exmaple to the population, they said. We had 80Km/h speed limit in Brazil. Today no one is falling for the speculators' trick. But people are seeing that is only looting peoples pockets to tranfer money to exporters and refiners. "the alternate energy projects were sharply scaled back or closed." I know one that wasn't.

To: Elroy Jetson who wrote (415)	9/14/2005 11:59:43 AM
From: Wyätt Gwyön	Respond to of 220025

Speculators helped push up prices in the late 1970 and early 1980 period as well. i do not know about the 70s and 80s but specs have not been a big factor in the price rise of crude in the last couple years. small specs have been net short for the entire run, and large specs (hedge funds) have been only modestly long as they are at present. although evil speculators are frequently cited as the bogeyman behind rising crude prices, there is no evidence for this in the relevant data. softwarenorth.net