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Replies to post #15138 on Tsafi

Replies to #15138 on Tsafi
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tsafi

05/30/09 5:04 PM

#15140 RE: kevin252 #15138

Hey there you are right its look like a "manipulation" but if you think for 1 second that they will let oil to price around $40-$50 for so long it doesn't work like that .

I think its oil time coming you just watch from now on until September + it will go on the up trend.

I think for the ordinary trader or energy holder the majority just don’t understand the energy/oil market.

For example when the oil was on record $150 everyone was crying about the price at the gas pump.

But if you do a comparison in a frame time to oil price par barrel as to the price at the gas pump you will find how they screw you at the gas pump.

I know today in the holy land they just nail today the price at the gas pump as it was when the oil was around $140, show you that someone is F*with you since today its still around $60-$63 barrel.

Now ask your self why am i telling you this?
Well for many years I was a Tec` trader i didn’t do much energy sector, you know ideology stay green an all this stuff that people love to flag around.

But if you look really good there is no real alternative for oil, and pardon me all this alternative sector that there name say it all "alternative".

One of the great stories that i heard regarding oil trading, was from an amazing 30 years old trader and yes she was a hot female, she describe me in a very real way when oil goes up and when it goes down .

Its start from an "Saudi sheik" all he do all day is urinate all his oil in to his well when he start to get bored or he want to do something ells he shift his "urinate" outside the well and missing the pinpoint, now he start to cry no oil no oil i need to shift back, but i needs some fun first before i shift back .

Now trust me I know he is out of the well now and i know when to buy (:
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popeyej

05/30/09 6:44 PM

#15141 RE: kevin252 #15138

Hi Kevin

It has been my experience to see the metals take a rather large hit during June, July and August. So the hit should come any time now and should last until the end of August. The bullion banks have been doing everything that they can to help. The lease forward rates have been going down steadily for the past several weeks. It will be fun to see what they will do during the summer months.

You have a great day. :)