Discussion in 'Trading' started by blackchip, Mar 3, 2008.
LOL! At $1000 oil, we're in some pretty serious sh*t. I think we're all dead before that point.
not if the fed and the whitehouse continue to nuke the dollar. given enough time i'm sure bush and bernanke could spend and print the dollar down to a peso
So, just so I understand you correctly. You think that if the Fed and Whitehouse continue to devalue the dollar, $1000 oil won't be the death of us?
Another choice could be -
The stock market will never go down as long as there are glorious Patriots in the Whitehouse (willing to use the Treasury account to buy S&P futures.)
the dollar is just a pricing unit. a buck could drop 90% in value, oil could hit $1000 a barrel, and technically not have changed in value relative to other things at all.
the price of oil is getting haywire
it has already reached the 1000 dollar level
Zimbabwe, baby. 1000 oil = nominal earnings skyrocket. Market up.
The market does not seem to be reacting to oil much any more. It seems much more sensitive to interest rates.
Don't know if that's rational or not...
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