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September 7, 2010

Oil Spill

I'd like to begin presentation of my work on oil cycles by noting that analysis of oil price charts includes some formidable challenges. For one, cycle counts... particularly on the daily views... tend to be more erratic than for our usual subjects of cycle analysis. Second, the month-to-month contango for oil contracts tends to be quite wide, sometimes dramatically so. The spread between the two front months is often ...

 

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