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


To: carranza2 who wrote (35038)5/21/2008 8:25:37 PM
From: TobagoJack  Respond to of 218898
 
i hold energy resources of australia finance.yahoo.com



To: carranza2 who wrote (35038)5/22/2008 12:56:02 AM
From: TobagoJack  Read Replies (1) | Respond to of 218898
 
the problem, and it is a big problem, of reaching the high watermark is that in effect we are being given a second chance to maybe do the right or wrong thing again, the issue being what is the right thing?

the situation with oil, if continued, will cause major pain for all non-energy/non-pm stuff, which would be ok given my current stance

but if oil is squeezed up because some fund is in process to have an accident that would trigger market/exchange intervention by officialdom, then what is the nature of the accident and the flavor of the intervention?

something may be wrong, as gartman noted



To: carranza2 who wrote (35038)5/22/2008 1:21:32 AM
From: TobagoJack  Read Replies (3) | Respond to of 218898
 
conclusion, at some juncture must short oil in mind-bendingly huge amounts, the trade of the year or even, should crude reach 200, the trade of the decade

but ... when to enter?



To: carranza2 who wrote (35038)5/22/2008 3:15:35 AM
From: Amark$p  Read Replies (1) | Respond to of 218898
 
For the long term, just buy physical uranium. That is, buy U.to (Uranium Participation).

I prefer commoditity plays via RJI and RJA since Jim Rogers has figured out how to sort out 3rd party risk via Sweedish govt sovereign entity (after the REFCO fiasco). However, no commodity funds/ETF's (including RJI or RJN) have uranium exposure. Thus, I use U.to for uranium exposure.