Whiskers
It's a small world
- Joined
- 21 August 2007
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I was (and am) short the S&P 500 over the weekend, so all sadism aside, I would like Gustav to kick it up a gear.
I think our markets will be down a bit because Gustav has not intensified significantly and is not going to cause significant damage or disruptions to the oil industry.
Everyone is well prepared this time including the oil industry, which has reinforced it's facilities in the rebuilding from Katrina.
So, I'm expecting the markets to fall because along with commodities, the oil price falls taking gold with it... obviously reflecting negatively on our resource sector.