To: Broken_Clock who wrote (38704 ) 3/2/1999 8:13:00 PM From: SliderOnTheBlack Read Replies (6) | Respond to of 95453
Okay Papaya; are you really George Clemen of Noesis ? <VBG> - ! ...Why do you keep giving this guy credit. He has continually revised his forecast and all ways keeps a prequalifier - he predicted a fall and a sustained $8 Crude price for this fall to the present and we are now at $12 - so whats up with that Doc ? He predicted that we would NOW be presently in an $8 freefall then revised up when we rallied - then revised down when we retraced - on & on - allways following the trend.. too many revisions AFTER the fact for me... sorry - nothing personal; but this guy doesn't even begin to show up on the charts for Insitutional Investors, Oil Traders, analysts etc, not even on the radar screen... a hobbyist Web Site dreamer; nothing more - nothing less... If we don't fall to $8 as he predicts in March - NOESIS should be removed from the WWW and all future of NOESIS links should be to comedy sites... Papaya- he has 20 days to get to $8 here; look at this current link below; what went wrong in Jan ? in Feb ? and now in March ? damn Happel & Carpenter, et al could do better than that ...<VBG>oil-gasoline.com that graph chart is way off - he's blown Jan, Feb, and now March - if we move up through $13+ - he should be ran out of town imho. I tried to access his archives - they don't go back far enough only to November - for good reason I may add...; but I have some old ones printed out - he predicted an armageddeon-like Oil Price collapse to a sustained $8 and he was totally WRONG ! Then when crude rallied early last fall - He then revised his forecast to move up to $12; then when we blew off late last fall; he once again revised downward his mistake and ran with the trend to his present $8 forecast. Imho; he is a frontrunning Bear. I'm not saying he is clueless; but I think that he has made his mark by being ''THE" gloom & doom forecaster. Remember his survey - he wanted to know if people would pay for his service. API, EIA, and numerous sites give better archived data, just as good of analysis and market reports, The Oil & Gas Journal among many; has all the stats etc. IMHO - George Clemen is trying too hard to be ''THE'' gloom & doomer and is trying to ''catch'' the great Oil Crash ''if'' it happens and hang his hat on this shot in the dark. per his survey - it ''is'' about the money...imho. Ps this link below shows the supply drawdown TREND ! look how close we are to 1996-97 supply #'s ! Folks - the Saudi minister is correct; traders are manipulating crude prices disproportionate to supply #'soil-gasoline.com