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Default speculation and oil prices


"John R. Carroll" wrote in message
...
F. George McDuffee wrote:
As the investigations grind on and on and on, the facts are
begriming to float to the surface like so many dead fish. It now
appears (with every possible spin) that 49% of the traders/trades
in crude oil over the last few months indeed were speculators or
in the terminology of the report "non-commercial market
participants."


Told ya'.


--

John R. Carroll
www.machiningsolution.com



People are speculating on oil selling short, too.
What effect do they have on the market?

=)


 
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