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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (43655)	10/17/2005 3:08:55 PM
From: Win-Lose-Draw	Read Replies (1) \| Respond to of 110194

...last but not least it's very nice knowing that Prechter continues to be bearish in spite of the fact that everything that he has said would turn him bullish has in fact happened. Is that rational? Basically what that says is Prechter has given up on logic and resorted to a faith-based approach, kinda like a bearish version of Harry Dent. Personally I wouldn't find that the least bit comforting.

To: ild who wrote (43655)	10/17/2005 3:14:29 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 110194

Slow recovery in the GOM: Today’s shut-in oil production is 996,291 BOPD. This shut-in oil production is equivalent to 66.42% of the daily oil production in the GOM, which is currently approximately 1.5 million BOPD. Today’s shut-in gas production is 5.498 BCFPD. This shut-in gas production is equivalent to 54.98% of the daily gas production in the GOM, which is currently approximately 10 BCFPD. mms.gov