AI
Monday, March 14, 2005 5:49:18 PM
COTS Data Part 2: TIme to tank the energy markets.
Negative on natural gas, unleaded, oils?!?! Seems odd that they would be acting like a counterweight to the move on gas and oil. These are the commodities that are supposed to be booming. $80 oil anyone? I mean we are in an energy crisis and Commercials are going against the grain. If Oil was to spike to $80 it would put them in a bad spot.
Copper the commodity that is supposed to signal health in the global economy is net short. They are getting less bullish on copper. If Copper is bomming then so is the global economy.
Negative on natural gas, unleaded, oils?!?! Seems odd that they would be acting like a counterweight to the move on gas and oil. These are the commodities that are supposed to be booming. $80 oil anyone? I mean we are in an energy crisis and Commercials are going against the grain. If Oil was to spike to $80 it would put them in a bad spot.
Copper the commodity that is supposed to signal health in the global economy is net short. They are getting less bullish on copper. If Copper is bomming then so is the global economy.
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