asx is pathetic, page-53

FP said..

"So, carrying on with my argument, at the macro level, the supply and demand for oil (and gas) is rising, not falling."

FP, did you mean to have the word supply in there?

As I have read, the supply of oil is falling because of the current situation in the middle east and through natural depletion. I not saying we are running out of oil.....what I'm alluding to is as we go forward now, the oil that will be brought on stream will not be of the cheap middle east variety but rather from tar sands and deep water and of course shale. And to get that stuff out of the ground is going to require $100+ a barrel oil.

I see you picked up on that OBL trade. You don't miss to much do you. LOL

As for ASIC........IMO what we need there is for them to employ a few wily old traders (like yourself) with the right intentions and I'm sure we'd see some sparks start to fly then........and maybe some perp walks as well.

Cheers