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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: andiron who wrote (95802)	7/22/2008 4:02:54 PM
From: Keith Feral	Read Replies (1) \| Respond to of 110194

What do you make of the breakdown in oil prices? Looks to me that the big money is just leaving the party.

To: andiron who wrote (95802)	7/22/2008 10:37:30 PM
From: TH	Read Replies (1) \| Respond to of 110194

andiron, I'm just not knowledgeable enough about the relative value of the major global markets to either challenge or accept that statement. I guess they are cheap if an international investor were to time a <investment> at the dollar bottom. It appears that this has been a losing position for international investors for at least the last 6-7 years. Just ask our buddies in the middle east how that Citi funding is working out <g> Looks to me that they have to support it or it is the abyss, and also a few more rounds for distribution are needed by the boyz. GT TH