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To: Shack who wrote (129608)2/15/2006 6:17:23 PM
From: skinowski  Respond to of 209892
 
OT - I think FA-wise energy is well positioned. During my recent trip to SE Asia, I realised this more than ever. They are using it out there, man, they are using it big time, and they will not give it up. How many people live in Canada? about 32 million. One "small" Thailand has 65 million, which is what? Less than 1/20 of China? And they love their cars and bikes more than we do. You can stand on a busy intersection in Bangkok, and watch entire tankers of the stuff go up in smoke... g/ng

edit - this may not have much to do with making money trading, of course. Even in a secular bull there can be major declines.



To: Shack who wrote (129608)2/15/2006 6:38:16 PM
From: Henry J Costanzo  Read Replies (4) | Respond to of 209892
 
<<$XOI daily.....nothing more than a C.....>>

I'll be back on that later..

Seems like nobody's willing to stand up and say oil may be heading for a good down....afraid of being laughed at...gg

Funny, seemed the same way to me..in reverse...when the USD was hitting its low in Dec 2004.....Nobody willing to stand up and say USD would be heading up...afraid of being laughed at..gg



To: Shack who wrote (129608)2/15/2006 9:10:22 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
<<....$XOI daily ........ nothing more than (C)...>>

Promised follow on......Fairly self-explanatory chart showing what I have no reason to believe could not be a fairly compelling EW analysis.

Not yet ready to give this my Imprimatur, but believe it's useful to contemplate such obvious outgangers from time to time.

Enjoy.........LOL

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