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THURSDAY FEBRUARY 28
There Will Be Blood Actually, there is already blood. And lots of it. According to our energy-trading moles on Wall Street, word is leaking out of BP Capital that T. Boone Pickens is getting slayed in no uncertain terms by the indefatigable rise of oil to fresh highs – something that he had very publicly bet against, trumpeting to media outlets only days ago that oil prices would drop to $85 a barrel in the second quarter. “People trading the front end of the curve are getting raped,” exclaimed one big bank trader last night. Then, there are the traders that are doing the raping…like this castle-owning Brit. February 2008New User?Sign up to get free access to TraderDaily.com
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