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Business/Finance See other Business/Finance Articles Title: Why T. Boone Pickens Was Wrong About Oil Why T. Boone Pickens Was Wrong About Oil by JR Crooks If you haven't heard of T. Boone Pickens ... he's a billionaire energy investor who built one of the biggest natural gas empires in the country. If there's anyone who has their pulse on the energy markets, it's T. Boone. Yet, just earlier this week he went on CNBC to explain why he now believes his latest prediction on oil prices was dead wrong. You see, earlier this year T. Boone predicted that oil prices would finish off the year at $70. He had lots of reasons including rising global demand and declining supply from the breakdown in the fracking industry. And low and behold ... his predictions on supply and demand were largely on the money. But even though he was right on the fundamentals ... he was way off on the price. So the question is, what happened? Well T. Boone blames OPEC for manipulating the price. But my research shows there's a much simpler explanation. Right now, the price of oil isn't being driven by fundamentals ... It's being driven by an even more powerful force in the markets ... Investor Sentiment. And right now, investor sentiment is driving oil prices much lower than you would expect based on the fundamentals. But don't worry. This is actually good news. Because I'm here to tell you today that the ebbs and flows in sentiment follow a very predictable pattern. And I've been using these patterns to create a brand-new trading system I call "E3" ... and so far, the results have been outstanding. Since I started beta testing this system a few months ago, I've already posted four triple-digit winners, including ... •A 118% gain on Duke Energy in just 18 days ... every $5,000 invested could have turned into $10,900 in less than 3 weeks! •A 147% gain in 13 days on Agnico Eagle Mines ... that's a quick $1,470 in profits on every $1,000 invested ... •120% in 13 days on SPDR Gold ... between August 7th and August 20th you could have watched $2,000 come back as $4,400 ... •And a stunning 700% gain in 10 days on TECO Energy ... That last one is enough to turn a small $10,000 stake into $80,000 in less than two weeks! Now of course, past results are no guarantee of future returns ... But I also just closed out a 90% winner last week on a gold play ... My latest oil recommendation popped over 55% last week ... And the new currency play I just released Wednesday is already up nearly 20% in two trading days! It's no wonder readers like Like J. Morris from Reading, PA are writing in to say: "I just started using [the 'E3'] system and AEM has taken off. I am up almost 90% already! Thanks for your help." We'll reveal all the details on this exciting system in our new presentation ... Simply click here to watch it today. www.gliq.com/cgi-bin/clic...ker@yahoo.com+ESY+6754197 But don't delay. Because we're about to enter a big week for Wall Street ... And I expect to see a bunch of mega opportunities opening up in the markets. Which means I could be releasing my next recommendation any day now. And considering these recommendations tend to move fast ... every second you wait could cost you thousands of dollars in potential profits! That's why I suggest you click here to watch this new trading presentation today ... before you miss out on my next potential triple-digit winner. www.gliq.com/cgi-bin/clic...ker@yahoo.com+ESY+6754197 Best wishes, JR Crooks Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: BTP Holdings (#0)
It's being driven by an even more powerful force in the markets ... Investor Sentiment. The crash of China's economy - it's much worse than advertised - isn't helping the downward cost of oil.
We all know the cure for an ailing economy - WAR! FDR proved it beyond doubt when he baited the Japs into attacking Pearl Harbor. The Japs simultaneously attacked the Philippines. We also sold the Japs all of our scrap steel, which they used to build their weapons of war. China has resources that are unimaginable. They have now launched their own blue water Navy, and are showing off the new cruise missiles in Tiananmen Square (as did the Soviets show off their missiles in Red square) they say will blow U.S. aircraft carriers out of the seas. Trouble is brewing for sure. ;) "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
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