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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (156634)9/8/2011 8:55:35 AM
From: Ken Robbins  Respond to of 206146
 
I think it is because WTI has always gone up when there is a storm threat to the GOM production facilities. I have heard that crude oil traders go more by past action than anything.



To: Ed Ajootian who wrote (156634)9/8/2011 11:38:47 AM
From: profile_14  Respond to of 206146
 
Does perception play a larger part in something that, again, is perceived as fungible? Oil prices don't look so bad historically...

JMVHO.