Pump Sys
Pump Sys
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 Mitsubishi Mr Slim Heat Pump Sys MSZ MUZ FE09NA 26 SEER 9K  US $1,499.00
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 Carrier 25HBC5 15 SEER 40T w 15kW Heat Pump Sys w FX4DNF Air Handler US $4,469.00
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 Rheem 15PJL 15 SEER 40T w 15kw Heat Pump Sys US $3,571.00
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 Carrier 25HBC5 14 SEER 40T w 15kW Heat Pump Sys w FB4CNF Air Handler US $2,819.00
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 Rheem RPQL 15 SEER 50T w 20kw Heat Pump Sys US $4,423.00
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 Rheem RPQL 15 SEER 40T w 15kw Heat Pump Sys US $3,884.00
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 Carrier 25HBC5 145 SEER 50T w 20kw Heat Pump Sys US $3,190.00
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 Carrier 25HBC5 16 SEER 25T w 10kw Heat Pump Sys US $2,747.00
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 Rheem 13PJL 13 SEER 50T w 15kw Heat Pump Sys US $2,943.00
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 Rheem 13PJL 13 SEER 40T w 15kw Heat Pump Sys US $2,582.00
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 Rheem 13PJL 13 SEER 35T w 15kw Heat Pump Sys US $2,451.00
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 Rheem 13PJL 13 SEER 30T w 5kw Heat Pump Sys US $2,148.00
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 Rheem 13PJL 13 SEER 25T w 5kw Heat Pump Sys US $2,040.00
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 Rheem 13PJL 13 SEER 20T w 5kw Heat Pump Sys US $1,900.00
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 Rheem 13PJL 13 SEER 15T w 5kw Heat Pump Sys US $1,828.00
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 Carrier 25HBC 15 SEER 35T w 10kw Heat Pump Sys US $4,045.00
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 Goodman GSZ 13 Series 13 SEER 50T w 20kw Heat Pump Sys US $2,790.00
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 Goodman GSZ 13 Series 13 SEER 40T w 20kw Heat Pump Sys US $2,574.00
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 Goodman GSZ 13 Series 13 SEER 35T w 15kw Heat Pump Sys US $2,312.00
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 Goodman GSZ 13 Series 13 SEER 30T w 15kw Heat Pump Sys US $2,232.00
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 Goodman GSZ 13 Series 13 SEER 25T w 10kw Heat Pump Sys US $1,993.00
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 Goodman GSZ 13 Series 13 SEER 20T w 10kw Heat Pump Sys US $1,827.00
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 Goodman GSZ 13 Series 13 SEER 15T w 10kw Heat Pump Sys US $1,804.00
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 Payne 13 SEER 50T w 20kw Heat Pump Sys R 22 Ready US $3,265.00
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 Payne 13 SEER 40T w 20kw Heat Pump Sys R 22 Ready US $2,998.00
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 Payne 13 SEER 35T w 15kw Heat Pump Sys R 22 Ready US $2,729.00
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 Payne 13 SEER 30T w 15kw Heat Pump Sys R 22 Ready US $2,493.00
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 Payne 13 SEER 25T w 10kw Heat Pump Sys R 22 Ready US $2,241.00
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 Payne 13 SEER 20T w 10kw Heat Pump Sys R 22 Ready US $2,106.00
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 Payne 13 SEER 15T w 10kw Heat Pump Sys R 22 Ready US $2,002.00
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 Rheem 15PJL 15 SEER 50T w 20kw Heat Pump Sys US $3,875.00
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 Rheem 15PJL 15 SEER 35T w 15kw Heat Pump Sys US $3,302.00
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 Rheem 15PJL 15 SEER 30T w 10kw Heat Pump Sys US $3,042.00
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 Rheem 15PJL 15 SEER 25T w 10kw Heat Pump Sys US $2,890.00
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 Rheem 15PJL 15 SEER 20T w 5kw Heat Pump Sys US $2,669.00
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 Rheem RPRL 16 SEER 30T w 10kw Heat Pump Sys US $4,470.00
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 Rheem RPRL 17 SEER 20T w 10kw Heat Pump Sys US $4,033.00
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 Rheem RPQL 15 SEER 35T w 15kw Heat Pump Sys US $3,737.00
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 Rheem RPQL 15 SEER 25T w 10kw Heat Pump Sys US $3,234.00
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 Rheem RPQL 15 SEER 20T w 10kw Heat Pump Sys US $3,010.00
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 Rheem RPQL 15 SEER 15T w 10kw Heat Pump Sys US $2,908.00
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 15 ton 14 seer R410 Heat Pump Sys D1318HC D1318HAE TXV US $1,498.00
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 Carrier 25HBC 153 SEER 15T w 5kw Heat Pump Sys US $3,210.00
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 Carrier 25HBC 153 SEER 20T w 5kw Heat Pump Sys US $3,249.00
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 Carrier 25HBC 15 SEER 30T w 10kw Heat Pump Sys US $3,677.00
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 Carrier 25HBC5 155 SEER 40T w 15kw Heat Pump Sys w FV4CNB Air Handler US $3,083.00
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 Carrier 25HBC 15 SEER 50T w 20kw Heat Pump Sys US $4,801.00
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 50 ton 14 seer R410 Heat Pump Sys 13PJL60A RHLLHM6024 US $2,570.00
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 Rheem 15PJL 15 SEER 15T w 5kw Heat Pump Sys US $2,567.00
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 Rheem RPQL 15 SEER 30T w 10kw Heat Pump Sys US $3,278.00
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 40 ton 14 seer R410 Heat Pump Sys D1348HC D1448HAE US $1,850.00
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 35 ton 14 seer R410 Heat Pump Sys D1342HC D1442HAE US $1,695.00
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 30 ton 14 seer R410 Heat Pump Sys D1336HC D1436HAE US $1,675.00
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 25 ton 14 seer R410 Heat Pump Sys D1330HC D1430HAE US $1,569.00
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 20 ton 14 seer R410 Heat Pump Sys D1324HC D1424HAE US $1,499.00
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 40 ton 14 seer R410 Heat Pump Sys 13PJL48A RHLLHM4821 US $2,320.00
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 35 ton 14 seer R410 Heat Pump Sys 13PJL42A RHLLHM4821 US $2,199.00
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 20 ton 14 seer R410 Heat Pump Sys 13PJL24A RHLLHM2417 US $1,680.00
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 25 ton 14 seer R410 Heat Pump Sys 13PJL30A RHLLHM3617 US $1,840.00
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 15 ton 14 seer R410 Heat Pump Sys 13PJL18A RHLLHM2417 US $1,620.00
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 30 ton 14 seer R410 Heat Pump Sys 13PJL36A RHLLHM3617 US $1,950.00
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FESTOOL VAC SYS - Vacuum pump and clamping unit
Let’s Get Real!
LET’S GET REAL! June 6, 2008.
The price of oil has soared another 40% just since the beginning of the year. With global economies slowing that price rise is due to a sudden 40% increase in demand? Or a 40% decrease in supply?
That’s what Wall Street, commodity traders, and the Commodity Futures Trading Commission (CFTC), which regulates oil trading, would apparently have us believe. They and even Treasury Secretary Paulson, say speculators are not to blame.
Well, some of us believe they are wrong, that 25% of the price of oil, perhaps more, is simply the fluff that has been pumped in by speculators, and has created our next bubble.
When the stock market bubble burst in 2000, speculators looked for the next opportunity and settled on real estate, eventually driving it into a bubble. When that bubble burst in 2005, commodity prices were rising and they jumped on those, particularly oil, as their next opportunity. The evidence could hardly be more clear.
The real value of oil (or any investment) is not of interest to speculators and traders, only the direction of the momentum. So once they see something that has been moving significantly for some time based on normal fundamentals, they hop on and add to the momentum. The price moves even further and faster, enticing in more followers and late-comers, until the trend has become a self-fulfilling event, and eventually becomes a bubble far beyond actual value.
The 40% increase in the price of oil over the last five months, and 120% increase since early last year (500% since late 2003), has some in Congress finally believing that speculators have been controlling oil prices in its final spike up of the last year or so, and demanding action from regulators.
Controlling? Yes, controlling.
The influence of speculators on the price of oil was clearly evident over the last few weeks, and has often been over the last couple of years.
Let’s begin with the fact that hedge funds and large commodity trading firms rely to a considerable degree on technical analysis in managing positions.
So when oil spiked up over just a few days in mid-May to $135 a barrel, it was obvious on the charts that the price was short-term overbought, in technician parlance over-extended above its 21-day moving average, and to a degree that almost guaranteed a brief correction back down to retest the support at the moving average. I put that chart on my daily blog, suggesting such a decline was imminent, in spite of all the excitement created by the new high.
And sure enough, over the next seven days oil plunged 10%, from $135 a barrel to $122. Had the supply/demand situation suddenly changed by 10%, prompting selling by oil users? Of course not. The decline was due to speculators, the big trading firms, seeing the overbought condition and temporarily taking profits, some no doubt also taking short-sale positions to profit from the expected decline.
That wasn’t the end of the evidence. Once oil got down to the technical support at $122 on Wednesday of this week, it immediately reversed to the upside. It bounced back a big $6 a barrel on Thursday, and another $10 on Friday, surging back up to $138 a barrel, a 10% increase in just two days, and a new record high.
You could almost see it coming as oil came down toward $122 on Wednesday. Commodity traders were even warning on TV that if oil should break below the technical support at $122 it would be a case of ‘look out below’, because everyone would panic out.
By the way, just who did they mean would panic out and drive the price even lower? Obviously users of oil; the refineries, airlines, truckers, etc., could not panic out of oil. They need it to meet real demand. Only speculators (who supposedly are not affecting the price of oil) could bail out.
But they weren’t about to let that happen anyway. So speculative buying and short-covering poured back in Thursday, the support held, and oil launched into a $15 dollar a barrel two-day rally.
But yet, Wall Street, commodity trading firms, the Commodity Futures Trading Commission, and even Treasury Secretary Paulson apparently don’t notice what’s going on, and continue to say speculators are not to blame. The demand/supply fundamentals make oil worth 40% more than just five months ago?
Being left out of this rant due to space restrictions is a discussion of the fact that over the last ten years the CFTC has watered down regulations that were previously aimed at restricting the amount of speculation that would be tolerated in oil futures and contracts, the pieces of paper traders buy and sell, which do have a significant effect on the price of oil. Meanwhile, the introduction of commodity exchange-traded-funds has made it easier for anyone to become a commodities speculator.
Someone had better get real about the situation.
It’s one thing for speculators to make profits, quite another if they are allowed to create the ruinous conditions the entire country pays for when bubbles burst.
Sy Harding publishes the financial website www.StreetSmartReport.com and a free daily Internet blog at www.SyHardingblog.com. In 1999 he authored Riding The Bear – How To Prosper In the Coming Bear Market. His latest book is Beating the Market the Easy Way! – Proven Seasonal Strategies Double Market’s Performance!
About the Author
Sy Harding is CEO of Asset Management Research Corp., author of 1999's Riding the Bear and 2007's Beat the Market the Easy Way, editor of www.StreetSmartReport.com, and www.SyHardingblog.com.
When lungs evolved in vertebrates, what great event also occurred in the circulation of their blood?
A the evolution of red blood cells which
could carry more oxygen
B the evolution of a lymphatic system to
work in coordination with the circulation sys-
tem
C the development of muscles that could
coordinate a pumping action.
D the evolution of a more fluid blood with
more plasma
E the great event of double circulation
A multiple chambered heat, in other words, a double circulation. E
