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Bank Credit Analyst: Too many Oil Bulls

 
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Author Bank Credit Analyst: Too many Oil Bulls
HenryTo
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Joined: 06 Aug 2004
Posts: 11722
Location: Los Angeles, California
PostPosted: Fri Jul 01, 2005 8:13 am    Post subject: Bank Credit Analyst: Too many Oil Bulls Reply with quote
Contends that sentiment is now too bullish per Market Vane's sentiment as well as the fact that analyst estimates have also priced in the recent rise in energy prices:

http://www.bankcreditanalyst.com/public/story.asp?pre=PRE-20050701.GIF

My guess is that oil has topped out at $60, for now.

Henry
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Author Bank Credit Analyst: Too many Oil Bulls Replies
Dubious
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Joined: 26 Mar 2005
Posts: 142
PostPosted: Fri Jul 01, 2005 8:36 am    Post subject: Reply with quote
Global slow down, Henry.

Have a good weekend.
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