Oil hits new peak at $75

Discussion in 'Energy Futures' started by ksonsinc, Apr 21, 2006.

  1. Oil hits new peak at $75
    Is that why we had a sudden selling coming in or what - ?
    WTF
     
  2. Yes, just an excuse to lock in profit.
     
  3. Thank you ( O I L $75 ) for the profit today on my ES :)
    Shoted at 1321
     
  4. I LOVE MASTERBATING WITH LITE SWEET CRUDE! Booyah!

    Long Oil = $$$

    My plan is working perfectly.
     
  5. I'm looking for a short term correction before jumping in - - so far it ain't co-operating with me.
     
  6. Hi,

    when oil futures spiked up to $75/barrel today, any idea why the 30 Tsy rallied also?

    I would've thought higher oil would mean increased inflation and therefore put upward pressure on the long end of the yield curve.

    thanks
     
  7. gold and technology had a kid and they called it OIH.
     
  8. kowboy

    kowboy

    Hey no problem. The govt doesn't factor in price of oil in the CPI. So it must not cost us anything more at the pump.

    What..... me worry? :)
     

  9. more than likely a fear over instability of strength in the economy due to higher energy prices...so given the recent rise in bond yields they were probably being bought for a little portfolio security
     
  10. toc

    toc

    'I LOVE MASTERBATING WITH LITE SWEET CRUDE! Booyah!
    Long Oil = $$$
    My plan is working perfectly.'

    Then why are you still masterbating, you got to be swamped by ladies wanting to go shopping.
     
    #10     Apr 21, 2006