Oil Price Economics the 60 Minutes Way [View article]
Perhaps you dont know about the Enron loophole that Graham put in or that the price of oil started to drop when the senate hearings started. If you dont know how prices get manipulated by these investment banks and their analysts then you missed the nineties or didn't trade then. Call Henry Blodgett, he will explain. The only difference is that the commodities exchange has looser margin and short requirements so it was easier to run these up, like gold..And dont forget 40 to 1 leverage. Yes Wall Street has their fingerprints all over this one.
Distressing Details of the UltraShorts [View article]
On Jan 23 04:27 PM 69fasty wrote:
> What about Ultra Long ETFs? Are they also questionable over long
> periods of time?
Oil Price Economics the 60 Minutes Way [View article]
If you dont know how prices get manipulated by these investment banks and their analysts then you missed the nineties or didn't trade then. Call Henry Blodgett, he will explain. The only difference is that the commodities exchange has looser margin and short requirements so it was easier to run these up, like gold..And dont forget 40 to 1 leverage. Yes Wall Street has their fingerprints all over this one.