inside trader rates 10 from 10 again..., page-2

I have been thinking about the last few days developments this afternoon and I think we may possibly only be on the tip of the iceberg with SSN.

The reason for this is quite simple, and really unrelated to anything I have heard discussed on Hot Copper.

The US has a long history of bubbles (if there is any country that is prone to creating a bubble it is the US). We are talking the country of Wall Street crashes, oil booms, tech booms, property booms, derivatives (the Chicago Mercentile exchange is responsible for many booms and busts).

We probably forget that shale plays are BIG news in the US (most people in Australia probably don't even know what shale is). I saw a doco about them a few months back and from I can tell it is right in the mum and dad arena

When every day people are yelling, shale, shale, shale it is a breeding ground for a massive bubble waiting to pop.

And SSN are one of the first in the Niobrara.

I am not insinuating that the US investors are stupid by any means but once the bull runs and the derivatives traders get behind it, these things can divorce from reality very quickly.

We have seen it many times before, I wonder if we will this time.

I could be wrong, but if this is the case, this move could just be the beginning.