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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (39488)10/12/2021 2:17:23 PM
From: Jacob Snyder1 Recommendation

Recommended By
sunabeach

  Read Replies (1) | Respond to of 97562
 
No need. I have already read it, and thought about it. $110 oil is not guaranteed. I will change my opinion, and what I own, when the facts change.

Every commodity moves differently; it is wrong to generalize. Visibility of future demand varies. Lag time, from price change to supply change, varies from months to many years, depending on what commodity we are talking about. Available information varies (more for oil and copper, less for specialty metals like palladium). Price elasticity varies. Switching cost varies. And so on.