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Ping: ShortWave
On Wed, 12 Mar 2008 05:05:33 -0400, "D.Duck" wrote:
"Vic Smith" wrote in message .. . On Tue, 11 Mar 2008 20:40:42 -0400, "Eisboch" wrote: Lost track of the thread, but this seems to support your theory regarding oil: http://tinyurl.com/2z83cc Eisboch Might be that those buying the puts are rolling in the bucks their long oil positions gave them. Simple spreading of risk. I didn't look at the premiums. There's no real reason for oil to pull back significantly. And every reason for it to rise. Oil is not a replaceable commodity. Oil is not oats, corn, beans, etc. Just plant more acreage when prices are high, and watch the supply/demand cycle at work. Can't do that with oil. You use it and it's gone. Fact of life on the planet Earth. Mad Max is coming. --Vic If you haven't already, you may want to do some reading at this site: http://www.lifeaftertheoilcrash.net/ Uh oh --Vic |
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