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

To: elmatador who wrote (65426)	8/15/2010 11:03:26 AM
From: Maurice Winn	2 Recommendations Read Replies (1) \| Respond to of 217617

ElM, the oil well leaking is over and the mass hysteria is all washed up with more of that washed up than was oil. Mq was right about the oil all along. It was a fizzer. The fishermen and hordes of others who got into the game made good money from the hysteria, depleting BP's stock of cash mightily with plenty more coming. There is dismay that the leak has stopped because the gushing money is stopping too. The lawyers will have to rush to get claims in while their claimants are still able to fake panic about their terrible situation, looking out over the Gulf, fearing the oil and plumes leaping from the ocean to attack them, though it didn't and was never going to do so. The big losers were those killed in the accident. The BP shareholders are the next biggest losers. The winners were those who got their hands on BP's money and there were lots of them. Many politicians tried to get in front of the cameras to express their panic, horror and solidarity, wringing their hands. More losers are being created by Obama's banning on drilling for oil [a totally stupid idea - just when all the oil spill gear is there with nothing to do and all the drillers will be very careful to not have an accident]. Gib was panicking that the oil spill was a catastrophic calamitous cataclysm [as were most people]. It obviously wasn't. The plumes were a joke and showed how little understanding of the physics of oil in water there is, especially with dispersants mixed in. Similarly, the chemistry and physics of oil floating on sea water in hot sun with wind and waves, with fungi and other microbes on the loose was obviously something few had any idea about. Another panic is needed. Mqurice