Oil...is there a bottom?

Discussion in 'Trading' started by stock_trad3r, May 30, 2008.

  1. This is like amazon.com and cisco in spring 2000 but in slow motion. 10-1 margin speculators must be getting killed. Just pure carnage.

    As if everyone woke up one morning relalized they dont need oil anymore
  2. You bozo. Oil is still above $125!
  3. yes but it was at 135 just last week

    The fundamentals do justify oil at 200 within a year
  4. "10-1 margin speculators must be getting killed." There simply isn't a better market to be trading right now. You can either trade it or you can't!

  5. S2007S


    :p :p :p :p :p
  6. The contract either goes up within the specified time frame and you make lots of money or you lose it all.
  7. Futures trading is not "all or nothing" trading. You trade them just like you do stocks. The only real difference is futures contracts are standardized and leveraged.