Oil/Dollar news - what say you?

Discussion in 'Trading' started by 5Pillars, May 27, 2008.

  1. FINALLY this oil news has been released - http://www.infowars.com/?p=2359

    Will it happen and what will be the affect - I have felt this type of action would be bearish for the current prices of oil.
     
  2. I agree that there is a new world order, but there is nothing anyone can do about it. Instead of resisting The Creators you are better off just going long oil and gold while shoritng the dollar.
     
  3. It would be bullish for the dollar and bearish for the euro & crude oil..........I hope! Governing bodies tend to do things that they should have done years ago at long-term market extremes.
     
  4. why bullish for the dollar?
     
  5. It's too logically obvious that it appears bearish for the dollar after it has been in an extended bearish trend.......therefore, ergo, it's bullish. :cool:
     
  6. VictorS

    VictorS

    that's a joke, right?:confused: