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Replies to #29977 on The Black Box
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michalel97123

04/29/06 8:29 AM

#29978 RE: mjk #29977

Oil markets are reacting to iran as if sanctions/oil cut off and war was both imminent and inevitable. If that talk moves to the backburner for a few months, oil comes down hard and market goes up hard. During that period it looks like bernanke will pause, so even if rates rise again later in the year, it will be because of a strenghtening, not weakening economy. The pieces are all in place.
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dieselfuel

04/30/06 8:50 PM

#29981 RE: mjk #29977

mjk,

Thanks for the replies and charts. :>)

Crude's unbelievable. I still don't play them. I sold my oil related stocks last year. I'm just not going to play there.

I'll let my mutual funds play the oil game. :>)