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

To: carranza2 who wrote (35115)	5/24/2008 3:04:43 AM
From: TobagoJack	Read Replies (4) \| Respond to of 217649

there is no such thing as a null position, unfortunately, and so even when we retreat to the sidelines, it is actually just the middle of another slaughter arena as to 'speculation'. i am certain what we are seeing in oil is actually not so different as someone in zimbabwe is seeing in all 'stuff' - one can put it all down to speculation, or blame most of it on inflation expectation, or simply attribute it all to recognition stage for dire future that will surely be but yes, energy pricing is ultimately self correcting, unlike ... say ... gold i figure

To: carranza2 who wrote (35115)	5/25/2008 7:01:38 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217649

c2, took a bit of profit, but cognizant of possibility that energy will have to be bought back at higher still pricing, because paper is no good; real estate agent asking permission to scout for bidders at 30+% 'profit' to recent purchases, triggering my question, "what do i then do with the cash?" the natural answer would of course be, "buy real estate", which is nuts. i am at heart not a speculator, but a buy and holder of goodness. oil may correct at 135, 150, 175, 200, and at various points up to but not limited to 5000, depending on the paper we are referencing with. playing oil against gold would be an exercise requiring more thought. chugs, tj