20 reasons why Oil to NEVER hit $135.00 again...dated: May 22, 2008

Discussion in 'Commodity Futures' started by increasenow, May 22, 2008.

  1. tremendous post...yes, amazing profits available trading the CL...its brother of 'potential' is the DAX
     
    #281     Jun 13, 2008
  2. jas587

    jas587

    I don't post here much but was wondering if anyone noticed a technical chart pattern-"bull flag pennant" supposedly a trend continuation? Any comments or observations? According to technical analysis this is a very reliable trend continuation pattern?:confused:
     
    #282     Jun 13, 2008
  3. great post...the chart experts can chime in...in my opinion the daily chart looks 'tired' and we are heading south...CL could close in the $120's by this coming Fridays end...
     
    #283     Jun 14, 2008
  4. #284     Jun 14, 2008
  5. who's gonna short into a tropical storm or hurricane tracking westward from where ever???

    a cat 3 or 4 puts oil at 150 - 175 despite any SPR talk...

    an opinion of course and I could be wrong
     
    #286     Jun 14, 2008
  6. some very good points...we have not had a hurricane yet...good point...I guess a key factor is where will Oil price be at when first major hurricane hits...I.E. $140, $130, $120, $110, $100, $90 etc....in order to determin how high it could spike from a major hurricane...great post daddyeaux...
     
    #287     Jun 14, 2008
  7. THE US BURNS THRU 400 MILLION GALLONS OF GASOLINE..... PER DAY

    A STORM THRU TEXAS CITY, TX OR PASCAGULA, MISS, AND IT'S GAME.. SET... MATCH
     
    #288     Jun 14, 2008
  8. #289     Jun 14, 2008
  9. Looking at this from a purely psychological viewpoint - it looks pretty messed up. You are feeding yourself these self-boosting argumentation snippets and just can't be objective. I wonder how it will go in the end, but one thing is certain sticking to your guns in such a manner is "do or die" ... Why would you take such a risk? Isn't preservation the smartest strategy?
     
    #290     Jun 15, 2008