All thoughts, comments, and posts are just my opinions...Dont listen to me on your trades, do your DD
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Next Bailout Maybe?? --> After Another Quarterly Loss, Postal Service Licks Its Wounds
http://www.foxnews.com/politics/2011/05/12/quarterly-loss-postal-service-licks-wounds/
Yep...I would agree
Weak Construction in April Points to More Housing Woes
http://www.cnbc.com/id/43059679
Good Morning Trendies
Could be....Usually an oil bull, but no telling right now. I wouldn't think much lower than that...
Along with a lot of others...Only major energy commodity I see up today is NatGas... Oil is down, gasoline is down big - .14 cents to 2.92 on the front month approx....
Oil ‘Ugly Bears’ Hunt For Softer Economic Data to Feed Sell-off: Survey
http://www.cnbc.com/id/43042900
Good Morning Obi and all..
Dennis Gartman: The Trend is For Much Stronger Dollar
http://www.cnbc.com/id/43011996
Good morning all
Seeing anything good into the close? XOM hit a 3m low at 79.50ish, when It bounced i was like ohh ya...LOL. Volitile as hell though.
WOW, what a ride in the markets today!
LOL....true and there are still plenty of speculators...What I find amazing is these.....people grilling the 5 big oil companies in the senate are trying to repeal tax breaks on these guys to drill like it will reduce prices...I would ask how? If anything, it will raise them. Plus, why discriminate against 5 succesful companies just because your mad about high oil. Every company out there can use these breaks...I dont like oil this high either, at least not at the pump and looking at inflation in the grocery store but damm, them essentially raising taxes on our 5 biggest producers essentially will help you and I how? Errrrr, they just want to raise ignorant peoples ire toward big oil. It has NO chance of passing congress, only thing it will do is raise hate at the proverbial BIG OIL......
Maybe, its like a knife though here at times...Oil too. Now at 96.53
Can be a nice one when it goes, haven't followed this one in awhile..
Morning Everyone!
GM all
Very nice, yea I haven't ever followed that one...
Yep....Was funny this big drop in oil thursday and friday, then the huge run yesterday!
Nice...Yeah, I wanted to add some under or around 50 but missed that
Was just looking at that and a few other favorites...Whatchu thinking?
Import Prices Rise at Slower Pace in April
http://www.cnbc.com/id/42970791
Good Morning Trendfinders! How is everything going this morning?
Now this would of been a bad day--
Biggest Commodity Hedge Fund Loses $400 Million in Oil Slide
http://www.cnbc.com/id/42951408
GOOD Morning Trendies
You too Obi and gang, have a great one!
WOW, no kidding
Oil back to 102.30
VERY nice day today so far...Oil's back a bit, DOW is up big...weee
GOOD Morning All
Agree, and crude...WOW 98.90, down -10.20 something....
Crude dipped below 100 a barrel for a few mins
oh I bet, these fuel prices are not sustainable with our way of life, it has effects on all of us in almost everything we do.... We need to strenghten the dollar and drill baby drill...
That is the question going around the table right now...I can understand the question BUT, it worries me seriously if they meddle in squashing speculation in our markets. No more government meddling. Get the dollar stronger and crude WILL come down. I dont think the majority of this, at least for the time being is supply and demand as the old one- T-Bone says, some yes but more so on the dollar weakness and the speculation with things around the globe....Just my humble opinion though. That being said, he is RICH and I'm not so what does that tell ya, LMAO
if crude stays down like this, the pump price WILL go down, but not as quickly
BIG OIL is taking a hit today, hoping it creates a good buying op in a bit for big oil stocks....Not trying to catch this falling knife today tho, wow...Geeez this is nuts, reminds me of the swings in 08-09
Yep, Crude down 7.40 plus now