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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (88827)7/15/2009 7:38:11 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 94695
 
Vi, this rally surprised me a lot. if this keeps up, you'll get inflation and gold will soar over $1000.

i don't think it keeps up. in fact, i think we may be near the top with 956 as the outside top for this run.

the CIT bad news should damper the bubble gambler's a bit for now.



To: Real Man who wrote (88827)7/15/2009 10:27:03 PM
From: Larry S.  Read Replies (1) | Respond to of 94695
 
Vi,

FWIW, earlier this week I was listening to Bloomberg in the car and Pickens was quoted as expecting the price of NG to sore along with oil. They then went to quotes of CEOs of NG companies who were attending some meeting. They were all of the opinion that we have excess supply and that it will hold the price below $5.00 through 2014.

Larry


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