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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (9474)5/28/2008 6:21:31 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Hawk, I would have to say that the extreme contango pricing in the 7 year strip pricing structure which in itself was in a runaway parabolic price advance was for me the single most egregious example of crude market getting overdone in terms of excessively bullish psychology.

John