Hydroblunt you make it sound like this is all a huge conspiracy. GM made cars they thought we would want. They were marketing mistakes, nothing else. They are not getting kickbacks from huge oil or the government for making cars that run on gasoline.
My home is paid for, and so is my car. I think I have a 1600 balance on a zero percent credit card though.
HolyGrail Registered: Jul 2006 Posts: 75 07-24-06 05:57 PM -------------------------------------------------------------------------------- Quote from roctrend: Quote from roctrend: Predictions are for losers, those that cant trade....predict for what? Ego? trade price and volume. I lurk and wait for sentiment like AAII and ET Posts, etc. you trade with the Crowd? ha.Resistance 1269 look out if above, will go to 1285 if breaks by few points. 50-200 day shorts. But let's see if 1269 holds first. -------------------------------------------------------------------------------- Hmmm, that sure looks like a prediction to me. --------------------------------------------------------------- When you put your diapers back on , let me tell you I dont predict, EVER, no bias, I trade it as I see it. You really need to learn to HAVE NO BIAS. Resistance broke..STOPS HIT. Period! Learn
Learn? Learn what? You predicted the s&p will go to 1285 if it broke 1269. Yet you said predictions are for losers. Make up your mind. Oh, and btw, saying the market will be at 1285 if it passes 1269 is such a BOLD prediction. How did you ever muster up enough courage to go that far out on a limb? I made my prediction of where the market would go on 7-19-06. http://www.elitetrader.com/vb/showthread.php?s=&threadid=71967&perpage=6&pagenumber=21 We will now get a reversal of the corrective sequence and resume the downtrend. That is my prediction, and of course I could be wrong but I certainly wouldn't brag about a 16 point move, and btw the market still hasn't closed above 1269 yet so don't count those chickens too early.
You must be pretty new to this game, eh? Stop with all of the drama and do some actual research! If you did, you would understand that "during the last 25 years, more than 70% of exploration has taken place in the United States and Canada which are mature areas that hold only 3% of the world's crude oil reserves. If you take a look at the Middle East on the otherhand, it has been the scene of only 3% global EXPLORATION, even though it harbors 70% of the earth's reserves. For example, in the Persian Gulf which holds 65% of the region's reserves, fewer than 100 exploration wells were drilled between 1995-2004. During the same period, 15,700 such wells were drilled in the U.S. Looking back over a longer time frame, you find the same lopsided ratios. In Saudi Arabia, only 300 oil and gas wells ( including development wells ) have ever been drilled, as opposed to several hundred thousand in the U.S. The contrast is even more striking with respect to Iran and Iraq, and Russia is still paying the price for the technological backwardness and poor management of its vast fields during the Soviet era." https://www.keepmedia.com/Auth.do?extId=10022&uri=/archive/forbes/2006/0724/042.html
I guess you still belive in the tooth fairy as well. Research at forbes free for everyone, man your really on top of things. I bet your get your stock picks from Mad Money.
You are even more of a MORON than I had first thought. The article that I referenced in my previous post from this week's Forbes is written by none other than the Head of Strategy and Development at Italian oil and natural gas company, ENI SpA, Mr. Leonardo Maugeri. I believe that ENI SpA had revenues of E2.97 billion in Q1 of this year. They employ over 72,000 people. http://www.eni.it/eniit/eni/homeDis...param=la_compagnia&lang=en&sessionId=12747976 With all due respect, I think that Mr. Maugeri might actually know a little bit more about global oil and gas reserves and exploration than you do. You should probably take Mizers advice and head back to the "assembly line" before the big boys take your rent money. Thanks for stopping by.
So you do belive in the tooth fairy, I cant wait till school starts and all these new kids that have shown up go away. I Italian oil expert hahahahahah, thats to funny, T Boone Pickens now thats more like it.
Why am I not surprised that you would find credibility in someone that contributed $2 million towards attacking a Vietnam vet. My guess is that you weren't even born yet when Pickens founded Mesa. Again . . . thanks for stopping by kid.