If we could trade between 100 and 104 forever wouldn't it be easy to make money? I would still screw it up. Ok this time it's really going to break out seriously. Not getting through 103.45 this morning wasn't good I would think for new money bulls to come in we at least need 99.
haha. who in their right mind would buy oil at 102? economy is slowing down, I predict oil would go to 90-95 in a couple of weeks.
LOL!! This is classic half the people think 115 the other half think 85. We either need a fat finger or Iran to decide who is right. Although if oli goes to 115 and the dx continues on it's path I think I want to buy a lamborghini dealership in Qutar or Abudabi
Nigeria Oil Union Threatens Shutdown Of Oil, Gas From Sunday-AP Last update: 1/12/2012 8:30:19 AM DOW JONES NEWSWIRES The Petroleum and Natural Gas Senior Staff Association of Nigeria, a 20,000-member union of oil and gas workers, Thursday threatened to shut down all production beginning on Sunday if the government doesn't restore subsidies for consumers, the Associated Press reported. The union said it will be "forced to go ahead and apply the bitter option of ordering the systematic shutting down of oil and gas production" and join in on a nationwide strike begun on Monday over the issue.
That is simply laughable Dow JOnes should be sued for even reporting on something so far fetched and an obvious planted piece of garbage for manipulative purposes. I hope they got out on their bounce because I'm dropping the hammer on this bitch!
The bigger the trick and older the trick - the easier it is to pull. Based on two principles : They think it can't be that old, or they think it can't be that big for so many people to have fallen for it. - Revolver
If they want to help consumers, why do they shut down gas production and send price to the roof? Are they stupid?
I bought oil above 102 on 5 separate occasions today. On the other hand, I also sold oil above 102 on 5 separate occasions today. Please don't get the wrong idea, I'm not claiming to be in my right mind