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Old 05-07-2007, 02:19 PM   #16
fishpoopoo
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Don't foget that energies like crude oil, heating oil, natural gas, and unleaded gasoline are traded on futures exchanges around the globe.

Commodity futures have attracted a lot of hot money over the last few years. Many reasons, including speculators (correctly) anticipating sharply rising demand in China and India, as well as a desire to diversify investments beyond dollar-denominated paper assets like stocks and bonds, as the U.S. dollar increasingly loses value and purchasing power.

If you have $8,100, you can control a position of 1,000 barrels or 42,000 gallons of unleaded gasoline (regular, I think).

Each full penny fluctation per gallon translates to a $420 increase or decline.

Talk about leverage!

Trading futures is more fun than poker.

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