Friday, June 27, 2008

House Passes Energy Speculation Bill

"The House passed a bill requiring CFTC to curb speculation in energy markets"?
None has any clue as of yet what it is and when it is and why it is and if "they" really that moronic and....
Will it be "forced delivery" to pensions funds?
Will it be "curbed liquidation only mode"?
Is it margin change?

Who thing for certain - we might be up for quite volatile week ahead...what else is new...

Now we all can sleep well - great American Politicians did their job and washed their hands, from now on they cannot be blamed for "$12 gas at the gas pump"

I am too old for that nonsense...