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If You Build It.....

Posted on July 01, 2008

As much as I love having a baseball diamond in our backyard, at these prices, it's really time to re-plant that corn over it again.OK, just can't resist chiming in on the Blame the Speculators Game.My clearing firm has a very prohibitive charge for borrowing USO to sell it short (though I should note that charge is less now than it was a week ago). Assuming they charge what everyone else on the street charges, it indicates to me speculators have indeed dominated this particular sliver of the oil space. Except it's speculators of the shorting variety.It's my understanding that smart money...

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