View Single Post
Old 09-22-2008, 01:52 PM   #19
arsenal
Director of the HFBI
 
arsenal's Avatar
 
Join Date: Sep 2004
Location: Calgary
Exp:
Default

Quote:
Originally Posted by Bring_Back_Shantz View Post
I'm not exactly sure where you're going with this.
Seems to me that the lack of crisis in the middle east and two hurricanes being a whole lot less sever than expected hardly count as examples of doom and gloom that you would expect to cause oil to rise.

Seems to me that in those cases at least, the price of oil acted exactly as expected.
Every other time a hurricane was headed to that area, price of oil went up. This time, it went down. Maybe I am off a little with the time line.
They could have been gone from the area, or the rigs sent word that they where fine, and then the prices went down.
__________________
"Opinions are like demo tapes, and I don't want to hear yours" -- Stephen Colbert
arsenal is offline   Reply With Quote