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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (77239)11/3/2007 10:04:03 AM
From: Dr. Voodoo  Read Replies (2) | Respond to of 94695
 
Vi,

Question:

ap.google.com

When I read this, with distillates up this week, I think we are seeing blow off top in oil, panic done first,,,,,

Whereas I think speculators are certainly pushing things a bit far. Gold clearing 800,, that i think was a given once the aroma hit...

But,,, With jobs<fudged>, earnings<not awful>, robust growth<looking back>, the only thing that seems to be issue is credit? No?

If consumer spending drops, i fear all the people on one side of the dollar trade may be caught between a rock and a hard place... fast.

I agree this is a traders market, but even so,,, a bit choppy,,, no?



To: Real Man who wrote (77239)11/3/2007 1:28:36 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Analysts are now calling for $120 per barrel oil...<g>

GZ