Sunday, January 13, 2008

Famous Last Words

'Crude oil traders joke that the price jump to $100 a barrel on Wednesday was like a teenager's first kiss' - Javier Blas

NVDL: Do these traders know what teenagers are like? After that first kiss it's not like they go into hibernation. It's not like they go: oh, okay, let's go rollerskating. It's not like one little snowflake. There's a freakin' avalanche on the heels of that first kiss. So the analogy turns out to be more accurate than I guess they meant it to be.

Oil prices aim higher on US rate cut hopes

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