Replies to post #46 on OIL

[caprock]

I think a sell off will begin in the next couple of days. I should be ok with the position, although i may average up just to make sure. I wouldnt be surprised if we were to see crude oil drop $7 in one session in the coming weeks. We are swimming in gasoline inventories here along the gulf coast, explorer PL shutdown, imports are increasing, refinery problems are ending. Rbob should begin to breakdown and will take CL with it.

[tedwitt]

PDA & Caprock,

Carrier movements unless you are talking 2 or more battle groups; IE 2 carriers, 4+ CCG, 4+ DDG or FRG with 3+ SSN would not likely effect the price much; Not when it comes to Iran;

1) Silkworm emplacements

2) Hyper Speed torps with delivery systems

3) you would need 200+ extra combat AC to really exert power and that means 2+ CV battle groups and that is in addition to the CV battle groups already present plus a movement of the Red Sea group.

****No Preseeding Move By Iran**** and a pre-strike by the US would move the world veiw.