Yesterday's posts included a chart of falling oil and gas prices (Yippee!). It appears that those rocket scientists who trade in the futures of such things were expecting prices to move upward, due to all the turmoil you may have read about in the Middle East and Russia, and they recently got creamed. Good news compounded? Beyond my ken, but this makes for an interesting story. Somehow it feels comforting to realize that nobody really KNOWS much of anything. As the man said, "we pays our money and takes our chances."
thanks
Wednesday, October 22, 2014
Mr. Market has his say............................
Labels:
Chance,
Future,
investing,
Knowledge is Good,
Markets,
Oil and gas,
Oops
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