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Daily Speculations |
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The Chairman
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5/21/2005
Waiting in a Tree, by Victor Niederhoffer
Nice Lobagola in crude oil from 46 to 60 and back, with the elephants starting their annual migration at 46 in February and then retracing their path. Lobogola might be waiting in a tree for them at 49-ish with a view to the inevitable influence of incentives on extraction and finding.