Sunday, January 11, 2009

1+1+1=3

I write this on Sunday as I see

1) A news report that mentions Bush put his foot down when Israel wanted to strike Iran in 2008. (I ask myself why mention it now after 2 weeks of the Gaza conflict)
2) Russia refuses to restart natural gas supplies
3) Turkey thwarts coup

All are linked to petrol prices. I cannot see how petrol prices will be down on Monday with these news tidbits in front of us, but knowing market logic the prices will be down 10-15%.

Of course, as Bernard Baruch says, 1+1 always =2
And in this case, 1+1+1=3
It just takes time.

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