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


To: TobagoJack who wrote (37186)7/15/2008 6:44:47 PM
From: elmatador  Read Replies (1) | Respond to of 217713
 
Toilets can't be unflushed back from septic tank.



To: TobagoJack who wrote (37186)7/15/2008 10:30:15 PM
From: carranza2  Read Replies (1) | Respond to of 217713
 
The Force is whispering........

It tells me that today's big drop in most forms of energy was not based on fundamentals or supply and demand nor on speculatin' shorts but on pure puking, gut wrenching, bowel loosening fear.

Fear that economies were going stagnant, fear that Bernanke's admissions were the tip of the iceberg, fear that the worst is yet to come...as it is....fear that expensive oil and coal in such an environment are not worthy places for wealth, and fear that while Peak Oil is the truth unvarnished, the coming direness will kill off demand sufficiently to keep energy prices down.

Pure unadulterated, crystalline, cold, bitter, mouth-drying, sour fear loosening the ties and bowels of energy traders.

Today's drop seems significant for it suggests that the energy sector is a bit synthetically inflated. But most important, it suggests that fear is becoming the predominant emotion in the sector.

Long story short, gold may decouple from oil. The last bullish sector might be kaput, signalling the predominance of gold.

Can there be a gold bubble coming? I think I see one on the horizon.



To: TobagoJack who wrote (37186)7/16/2008 8:00:42 AM
From: elmatador  Respond to of 217713
 
Curbing short-sellers. SEC will require traders to hold shares of the two mortgage buyers and the brokerages before they execute a short sale. The emergency order, to be in effect for 30 days, will bar a practice called naked short-selling, in which traders avoid the financial cost of borrowing shares - the way short-selling ordinarily is done - when betting that the share prices will fall.



To: TobagoJack who wrote (37186)7/16/2008 8:02:57 AM
From: elmatador  Read Replies (1) | Respond to of 217713
 
SEC emergency rule applies to 19 financial firms including Lehman Brothers, Goldman Sachs, Merrill Lynch, Morgan Stanley, JPMorgan Chase & Co and Citigroup Inc.