Wednesday, February 23, 2011

crude oil

Here is my latest post on "The Art of Contrarian Trading".


curt said...

with all due respect Carl. While you maybe right on your longer term view of crude, the correlation between nat gas and crude is zero. A lot of ppl have lost a lot of money the last few yrs making that bet. Nat gas is low because of overwhelming N.A. fundamentals. There is no fuel switching that hasn't already happened. There is no way that nat gas prices will have or have had any effect on crude prices now or in the future.
of course thats just my opinion.

kcounty said...

this is the first time i have seen you place a reason (political uncertainties) for a price change. I guess its impossible to factor in short-term events like this vs long-range decisions like QE2, but there must be a way of predicting the price of oil