All thoughts, comments, and posts are just my opinions...Dont listen to me on your trades, do your DD
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I would agree, looks interesting...
Damm, nice pop
i really liked the chart setup, I was a little nervous about the shares though, it looked like they had an offering but doesn't seem to be too big of a problem
Indeed....Very thankful for that bounce this morning...
Wow what a ride in the markets today!
I just want to scalp the trends, in, out, back to cash and happy.... Cash is king....
Doesn't this Tsunami have to help POT shares and ag stocks?
Not to bad...thanks for the heads up
Very sad. GM Everyone
Damm Yak, YOU TELL EM. NICE POST
WELL SAID
The Dow opened sharply lower after the government released disappointing news on trade and jobless claims.
http://www.cnbc.com/id/42006905
I like it, hopefully it does continue...
Ya, I dont know whats going on?
Like you said, who knows....Could be 50 a barrel, might be 200. I would hope lower but tough to say. If we could drill where we need to drill, I would assume lower.....I'd be happy with say 70-75 oil. Would mean gas is still fairly cheap for us little guys and that companies can still make good money and employ lots in the energy sector
NOW this was memorable....LMAO, so sad...
REAGAN SAYS HOW IT SHOULD BE...
Trade Deficit Widens on Oil Spike; Jobless Claims Up
http://www.cnbc.com/id/42005480
Trade Deficit Widens on Oil Spike; Jobless Claims Up
http://www.cnbc.com/id/42005480
GM Scalpers
GOOD MORNING TRENDFINDERS!!!!!!!!!!!!!!!!
*That is a good question and I'm probably biased but if there wasn't speculation and market forces at work with oil, who then would determine the proper price for crude? The government, we know they do very little to nothing effeciently? The Saudi's, ehh, no...If someone did determine a fair market value then, would it really be fair? I mean, I'm no one to say yay or nay but so many factors are at play with crude and it is so vitally improtant to so much, would a fixed price be appropriate given all the uncertainties and variables out there?
Some believe if it were fixed it would eventually lead to shortages. Yes, some make insane amounts of money, as you know one of my favs - XOM makes quite a bit. That being said, given the HUGE amounts of money oil companies put into exploration, development, geological, 3D's, leasing, time, risk, drilling and completion, maintaining facilities, crews, insurance, not to mention bad publicity from the news, etc, I would tend to say the risk merits the reward. Speculators can definately affect things and do but i think given the market is allowed to work, even those things will self-correct, to a degree. WOW, I sound on a pedestal....
Well that and I'm all about BIG OILLLLL LOL
A World Awash in Oil—and Higher Prices
http://www.cnbc.com/id/41995236
Oil markets brace for Saudi 'rage' as global spare capacity wears thin
http://www.telegraph.co.uk/finance/markets/8369427/Oil-markets-brace-for-Saudi-rage-as-global-spare-capacity-wears-thin.html
Wow...Looks like a lot of old pennies I used to look at....BIG move down, slight move up, nice stair step DOWN...
Yep, need more now to move it...at least at these prices
Hmm, depending on what happened, could be a good one for a bounce play. will look at the options
Attack on Iraq pipeline halt oil exports
http://www.cnbc.com/id/41991561
No i hadn't noticed but I see it now...damm thats nuts...Nice, could be good for a scalp from here
there - green
well its still " about too" LOL
DOW is about to go green
BIG OIL = BIG MONEY..LOL
GOOO XOM GOOOOO
Does have a nice low on the chart to Obi
Hey, I like the sound of that...Let me see....lol