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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: kidl who wrote (168359)	7/7/2009 10:28:22 PM
From: Rocket Red	Respond to of 312555

demand is still there,there just saying its not as the difference from peak oil too now 150 too 64 and they really have not dropped the price much either

To: kidl who wrote (168359)	7/8/2009 2:05:49 AM
From: marcos	1 Recommendation Read Replies (3) \| Respond to of 312555

Is the Obama administration so fantastically stupid, as to encourage the zionists to attack Iran? ... hard to believe, still anything's possible i suppose, you can sure see why it's important to iranians to get those nukes finished, make mutual the assured destruction, then everybody over there can live in peace, except for those camped on other people's land, in which case good luck with that How long would the straits of Hormuz be closed, say a week tops? ... then a multi-nation wall of steel between shipping lanes and the persians is established, tankers steam through again, back to normal, the price spike may have been dramatic but doesn't last any longer than that of '91 And if they're not closed, which imho is the probability, what then ... it is in the interests of very very few parties to have oil high in the near future, meantime demand is slackening, and it costs money to keep all that crude stored ... charts like this take at least months to bottom out next and start building a base for eventual recovery - stockcharts.com