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THE BLACK GOLD WATCHER (copyright 2006)

THE BLACK GOLD WATCHERS COMMENTARY FOR MARCH 03, 2006














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THE BLACK GOLD WATCHER’S COMMENTARY FOR MARCH 03, 2006
















THE BLACK GOLD WATCHER’S COMMENTARY FOR MARCH 03, 2006

ANALYSIS OF BLACK GOLD!

This weeks closing prices for Crude Oil changed the game again. Now we see why the $USD broke down yesterday! Today’s close (3/03/2006) was very strong. The commercials "know" that Crude has resumed its primary trend.

Short sales are now out of the question on Crude. Soon we will see how many traders got caught on the short side! The Black Gold Watcher (copyright 2006), had our people out of their short positions a while back, as a review of our past commentaries proves.

Subscribers to THE BLACK GOLD WATCHER (copyright 2006) have already been issued the appropriate instructions to capitalize on this change.

The Dubai Ports World scandal continues to keep the heat on the short sellers.

The bigger issue of the possible deception by the bio-fuel lobby may prove to be the biggest embarrassment yet for the current Administration, and the Congress. They are the ones who rammed through all the subsidies, and other pork barrel scams, at the behest of the AG lobbies.

 

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Don't try to buy at the bottom and sell at the top. It can't be done except by liars.
Bernard Baruch

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