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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (65576)5/16/2007 5:27:20 PM
From: benwood  Read Replies (2) | Respond to of 116555
 
Through the Enron magic of supply manipulation, it really might not matter a lot if crude drops by 50%. It's already what 25-35% less than last year yet gas prices are up.

The metric for ending the war appears to be winning the war. And the definition of winning appears to be staying there until the job is done.

And the job, of course, is to be there.

So... I'm not holding my breath.



To: Elroy Jetson who wrote (65576)5/16/2007 5:48:00 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 116555
 
>>Wait until the Iraq War is over and oil falls to somewhere between $20 to $40 per barrel.<<

Note to self: Buy a Gulfstream V and a Hummer in 2060, right before the Iraq war ends!<G>

Seriously, you'd also expect that same chart divergence if we are moving through Peak Oil, would we not?