RE: [RT] Spot Gold, RealTraders Email List Archive

As I write this, oil is up over $3. Seems as if the oil traders are thumbing their noses at the Senate, although I hear that the drop hit some important technical levels.

As a Canadian I’m not sure of the process, but I assume that Congress needs to pass it next.

Andrew

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Don Ewers
Sent: May 16, 2008 9:59 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Spot Gold

Thanks Andrew, I assume todays action was not the desired outcome.

Does the Bush-man have to sign it as well?

Don

----- Original Message -----

From: Andrew Nopper

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, May 16, 2008 7:23 AM

Subject: RE: [RT] Spot Gold

It seems that the initial $6 drop in crude followed on the heels of the Senate passing the “Enron” bill.

Andrew

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Don Ewers
Sent: May 16, 2008 6:56 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Spot Gold

Ira,

Thanks, I don't trade crude though and don't make a habit of visiting sites posted in that manner. Had you posted it here, someone may have benefited from it?

Does anyone the reason for the $6 swing yesterday in crude? Coupled with the thought that the SPR would not be filled until CL drops below $75, very interesting re-action by crude.

Don Ewers

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