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Old 06-16-2008, 09:58 AM   #116
Codger
YF Wisdom Dept.
 
Join Date: May 2005
Location: Western Canada
Posts: 874
Quote:
Originally Posted by Loren Schweizer
You sound like a knowledgeable oil guy. With future oil currently higher than spot, i.e., in contango, and the reverse of which is backwardation, who/how/why did those odd-sounding terms come to be anyway?

Beyond me. There is no shortage of self-important people on this planet that figure that making up big words is the way to go. Maybe just the creations of those that subscribe to the "If you can't dazzle 'em with brains, baffle 'em with bull..."
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