Yes. I am the one that told you that. LOL! Anyway, you think that oil is too high. I think it is way too cheap. Ok. Odds are things go back to same old same old, which means oil sells off. But ooooooooooone daaaay, we shall see....
I don't believe you told me that. Send me the link to that post. Nitro, my main argument is not exactly what the fair value of oil is. Nor do I care what the fair value of the s&p is. I'm a trader, I trade price, not fundamentals. My problem lies with your explanation for why you think oil is too cheap. You have not given me a very good reason that oil should be higher. You basically have settled on the "because I said so" defense. When I was in the 3rd grade that always use to give me trouble when some kid pulled that out, but now I do a better job responding to that line of defense. LOL. I really think you should have picked the "phone a friend" option.
gold is close to useless,like the dollar,you accused nitro of pulling numbers out of a hat,your reaching here mav
SPX low today 1299.56 Most people on this thread would be better off sacrificing their left testicle for access to this model (a purely hypothetical idea)