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The article that you posted is literally meaningless and carries very little significance. Notice that Representative Stupak is unable to DEFINE let alone identify any "manipulation". He "glosses" over non-US exchanges like the ICE ( and I would assume the DME ) where there are no...

And what if Crude breaks today's lows and falls down to the next support level at $113.50, where do you think your QID will be trading at then?

Yawn.

You completely missed my point. No where in my post did I say anything about "early 2000 levels" in the Nasdaq.

Oh, so your so-called "bubble" in Oil isn't collapsing anymore? It's only gone down $30.00 from the highs which is LESS THAN 20%. I thought you said that it was a "bubble" and had PLENTY of more downside to go, no? You're bullish on Oil now? :eek: LOL!

QID -$1.50 Must be an NDX "bubble". :D

And only one hour left to cover! :D

Yo Mup! Time for an intense study of the OIH Daily chart . . . I think we got pretty close to a .618 retracement from the March low.

Yeah . . . Engelhardt bought 10,300 shares of VLO on May 2nd at $49.07 How does that investment look now? :D

You can't be serious??? That is an OLD article and all of the "players" that you highlighted got absolutely KILLED by getting LONG the refiners back in June. Try putting a date on your article next time.

For example, Sept. crude just sold off 50 cents and the S&P's just rallied nearly 3 handles. You can play that with the futures, the SPY's etc. You need to get REAL TIME NYMEX quotes so that you can use them as a "proxy" for trading the oil sector names . . . or inversely trading the S&P...

It really is true, especially right this minute. The SPX wants to correct and retrace yesterday's strong move up, but the Crude is just not able to break back up into GREEN . . . It's trying very hard to, but so far no luck as of yet. Trading appears to be kind of "thin" on the NYMEX right...

Just got all the way back up to 118.10 Be careful out there! :D

Crude market took out the lows and came back into the range . . . lower volumes, lower activity on NYMEX, hunting for stops after the inventory numbers, etc. Wouldn't take much to get it back into positive territory today. Would love to see yet another "flush" to the downside, but it might...

The EW "wavers" feel that we have concluded 5 waves up and its high time for a wave (2) pullback before really blasting higher towards the 1325 SPX measured-move target. However, today's decline in crude oil and the supportive dollar continue to help bid the stock market. Crude is...

Listening to the conference call, it is clear that this company is undervalued. They can continue to grow in the mid-teens even with the strip prices at considerably lower levels. Very conservatively run company. Excellent conference call. Definitely worth a listen. :cool:

market getting some support by crude trading down to 117.20 and the stronger dollar. Refiners seeing good upside today! VLO, FTO, SUN, TSO, etc.

Stock charts starting to finally shape up with the drop in crude oil . . . VLO, FTO, HOC, SU, TSO . . . the group is on FIRE today!

Mup, nice to see you Sir! Great action in the oil patch the last few days . . . nice oversold "bounce" this morning just before the release of the Energy Dept. Inventory Report took oil back down to unchanged. Drillers and Nat-Gas stocks up strongly off the opening . . . OIH bouncing. I...

Problem is, the urban Chinese farmer has been getting "bulldozed" over at an astonishing rate the last 3 years. New cities the size of San Antonio are springing up at a rate that blows you away! As for Mexico, they run out of oil in 8 years based on their current levels of production ( that...