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Any thoughts on crude oil and the economy???
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Markwright
Posted 4/5/2010 21:38 (#1151315 - in reply to #1151248)
Subject: I agree with Pofarmer, Still Hedge Fund Gaming in the


New Mexico
system.

Any supposed neutral to perhaps slightly positive econ news and the EASIEST thing to do is put the Run UP on crude.
THAT is how money games work.
THAT is how "trickle down econ works, and the Americans tend to only worship money in the hope they get "trickled on."

Seems like every time gas ( at the retail pumps ) gets towards the $3 level, traffic drops Way Down.

Also, since that traffic has been squashed so hard the past 2 years in the "oil gamer" cycle of late...there was not much traffic to start with.

Seems like the best indicater is the Transport Indexes....don't know what it's done lately, but it ran steadily at 18% to 24% under normal usa econ sustension levels from mid 08 thru most all of 09.

Basically we have come thru a run of gasoline in the say $2.50 range ....SOO it's highly likely with that supposed increase in demand that Our gaming system will in fact Run the deal to the $3.50 to $4 range.

IF they'll buy it, and use the same amounts as previous...heck that IS 40% approx More NET profit for the upper tiers of the system ( vs $2.50 gall).

If demand only drops say 10% on the Run UP, That still works out to an extra approx 30% More Net profit too.

Obama is NO different than Bush...Still a trickle down system that supposedly has to take care of certain entities.
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