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To: SliderOnTheBlack who wrote (35515)	1/21/1999 7:02:00 AM
From: Box-By-The-Riviera™	Respond to of 95453

could you elaborate on the "historic basis" part of your post? BTW: I love your cheer leading....but more fundamental support of your theory would be really helpful.... thanks in advance Joel

To: SliderOnTheBlack who wrote (35515)	1/21/1999 7:17:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

And now the "Sping - Doctoring'' starts....unbelieveable... And people question ''conspiracy theories'' ? ie: <<The National Weather Service, in its latest six- to 10-day forecast, issued near the close of trading, called for temperatures to be normal from next Tuesday until Jan. 30 in much of the Northeast, the nation's biggest heating oil market. The forecast calls for temperatures to be above normal in the New York metropolitan area.>> *I knew they would try to ''spin/discount'' the drawdowns saying they were a blip due to abnormal cold temps etc. and also play down the drawdowns as warm weather is forecasted here this week - they ''WANT'' to have it both ways - cold weather should be discounted when it drawsdown supplys and warm weather should be ''over-factored'' when it occurs... I can't believe this hype. *************************************************************************** <<Eight analysts surveyed by Bloomberg News said that distillate fuel inventories, which include heating oil, PROBABLY fell by between 1.6 million barrels and 2.3 million barrels from 156.93 million barrels because of colder-than-normal weather that gripped the Northeast, the nation's largest heating oil market.>> Once again, ''discount'' the effects of ''colder than normal'' weather as if it isn't winter-time ? spin, spin, spin,,,, amazing ! <<Crude oil inventories PROBABLY rose last week, the analysts said, as oil companies restocked after allowing supplies to drop at the end of last year, the analysts said. All eight analysts said crude oil inventories PROBABLY rose with the average between 2.6 million barrels and 3.7 million barrels>> hmmm; does the keyword - ''PROBABLY" - cause concern for anyone else ? We are obviously NOT dealing with a finite science or mathematics here. "Probable'' assumptions are being made that are impacting Billions of $ Globally. Don't discount the absolute necessity of low commodity prices for the Fed & the Global Financial community to ''cure'' the International Financial and Economic crisis that we are experiencing of late. ******************************************************************************'<< "'That draw of 15 million, shocking as it may have been, is only temporary,'' said Rich Redash, an energy futures analyst at Prudential Securities in New York. Crude inventories swelled during January in each of the past two years, said Redash, who predicted that crude oil inventories would rise by 10 million barrel.>> *Okay, this one takes the cake ! a 15 million barrell drawdown is ONLY ''temporary'' because of ''abnormal cold weather'' !?!? Once again, they kind of want it ''both ways'' - don't they ? ''THEY" get to discount the upside of cold weather and over-hype the downside of warm weather ? Also, his prediction of a 10 Million barrell ''rise'' versus the actual 15 million barrel ''drawdown'' was just a minor anomaly now - wasn't it ! <VBG> ??? simply amazing.... now I know why those with a lifetime in the Oilpatch are buying crude futures and sitting back licking their chops - just waiting for this to unwind... and it will - bank on it ! The power to ''spin'' reality here is ominous. However, like everything else that is artificially manipulated; when it unwinds - it surprises dramatically in the opposite direction... time will tell; but it is sure starting to look like ''they'' will not be able to keep the lid on this one much longer...