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Re: [RT] All short term projections are failing in CL



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What about just rolling to the next month?
----- Original Message -----
From: mdm27613
Sent: Saturday, May 24, 2008 7:19 AM
Subject: Re: [RT] All short term projections are failing in CL

I was looking for that, trying to figure out how futures can
determine supply and demand. Speculation controls a futures price,
but come expiration the position must be closed, offset, or there's a
train load of commodity to sell or physically store.

This morning's John Mauldin continues the topic.
http://www.frontlinethoughts.com/pdf/mwo052308.pdf

Mike-pdt

--- In realtraders@yahoogroups.com, "fxapprentice" <fxapprentice@...>
wrote:
>
> Pretty interesting reading:
> http://hsgac.senate.gov/public/_files/052008Masters.pdf
>
> From fundamental standpoint, if US will impose restrictive
legislation
> in this field, we'll see another bubble explosion.
>
> Gold & silver is down from all time highs, EUR is making second
top,
> agriculturals retreated. Oil is the next ? Maybe after CL will get
to
> 147-150.
>
> Michael.
>

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