RE:Another canThis is a helpful article. Thanks, diceslinger. The author handles the various data on TVE itself quite well.
I am confused by the conclusion of the article though, especially the expectation for the SP to drop below $2
at some point. Does anybody else see this happening? I'm not inclined to trust the specific predictions of
the article too much because the author admited missing the boat way back at $1.15.
The author really doesn't handle much data on the prospective price of
WTI itself apart from the conclusion-- an unfortunate move after a great analysis of TVE,
but evidently a glaring omission in the article.
If somebody can work in some thoughts on how weak exaclty the "weaker oil days in the near future" will
be, I'd love to hear it ... if there are any of these "weaker days" ahead that could appropriately be
labelled as such.
Thanks in advance.
GLTA.