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Mascoutah, Illinois | Where do you see the 30 year headed in the next twelve months?
Would you short crude oil here? I am a bit miffed by all of the data coming out as of late for crude versus the macro data we have been seeing from different countries. I believe it was last week or two weeks ago 53 oil tankers left the Middle East. Usually, the number is in the middle 30's on average. With the Euro falling, emerging markets slowing, and the dollar gaining strength I cannot figure out why crude will not crack and head towards the high $60.00's or low $70.00's. Is crude keeping its bid because the world is very short on diesel fuel?
Your thoughts on these two matters.
At what juncture would you get long the Euro? High teens, low twenties? | |
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HUGE wakeup call last night with the horrible German bond auction
