oil trader
(Weather Watcher)
Thu Sep 22 2005 05:39 PM
Re: Steering Currents

I do not know it is important for this discussion or not. Oil market is betting right now for a weaker and more right landfall. It is not weather information and I am not going to emphasize the implicit efficiency of financial markets, but it is just a barometer of what the consensus is heading.

I personal think that Galvestone/Houston have already bought this storm (west camp). On the side of the strength I do expect a much softer landfall.



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