Wed 27 Aug 2008
MarketBeat wrote an interesting post today on
Here’s a quick excerpt
Very early guidance, as Gustav has yet to enter the Gulf of Mexico, but computer models are pointing at the Louisiana coast, with a trend towards New Orleans and nearby Mississippi. Landfall anywhere is bad, but this current forecasted path makes my heart and stomach sink a little more. In the meantime, oil speculators have gone into fear mode. My own guess is that if a few more runs from the NHC confirm this morning’s (11AM) forecasted path, expect the speculative fear to go into full panic
Read the rest of this great post here
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