Jun

4

It is surprising to note that the Sage of Nebraska has not been tarred with the same brush as many of the other financial companies that they regularly buy things from at deeply marked up prices.

I also note that oil is at its first N day low in a month, and this has had interesting predictive correlates with other markets in the past.


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2 Comments so far

  1. Gary Rogan on June 4, 2008 4:29 pm

    Expect an artificially created international crisis to arrest the slide in the price of oil: that’s the only rational course of action for several of the producers, they just have to prepare enough to make sure it doesn’t get out of control.

  2. Lon Evans on June 5, 2008 3:17 am

    Dear Victor,

    First, yes, I’m today much more civil. Nigel did me the greatest of favors in recommending that I be like the ‘Russian Strong Man” who ‘cured’ himself of a broken back.

    I was amazed, and so immediately procured a ticket East bound. After a grueling regimen of strenuous exercise and Borscht, I found myself free the unfortunate affliction of a supposed Autism.

    Now that I’m ‘cured’ from such backwardness, I feel emboldened, so much so that my next endeavor is to ‘free’ myself of my perfect incompetence at the game of chess.

    Yes, I’m off to Valhalla, where I’m to meet with the specter of Bobby Fischer. It is to instruct me to the extent that I will return capable of kicking Grand Master Nigel’s ass.

    For those with a speculative bent, I’m creating a off-shore entity (off book, of course) eager to sell bonds supposing that a “curing” is all that is demanded to realize Grand Mastership and financial recompense. Any takers? Ambac has agreed to cover risk.

    But, back to what’s important, what are the specific “predictive correlates?” Please.

    lon

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