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So then you have his number right? Are you going to answer the question or not? No, those are your words not mine, I said I laugh at the tripe the floor traders feed her, meaning that she repeats what they want Bloomberg to say. I see you were busy editing while I was replying. You...

Ohh, ok...well perhaps you can put me in touch with the floor trader you have been conversing with? Do you have his phone number? How about explaining your words in your words instead then? I watch oil/gasoline/crack spreads, etc, etc everyday, but since you seem so erudite on the subject...

That's funny, I thought the same thing, but figured someone else would say it:cool:

"Dragged crude up", Are you saying there is no demand for crude? Last I checked it was a rather important ingredient in the manufacture of gasoline. Those December $100 option calls should at least give some pause for thought on the direction of crude. Let's pull up a seat and watch and see.

perceived supply and demand drives the price not actual supply. Anyone can see there is no shortage...any of the gas stations out of gas in your neighborhood? No...you know why that is? Raising the price keeps the supply safe. Do you know why gas stations run out of gas during emergencies like...

I guess the hiring process is just as idiotic then, if they view a 20% success ratio as hiring material. And I thought baseball players had low performance expectations.

His 15 minutes are staring him in the face and you want him to say no thanks? C'mon, if the media came to you and wanted you to appear on shows and right a book etc, etc you would jump at the chance to capitalize on the opportunity, or you would be foolish not too. If the market is so easy, to...

I always thought that weather forecasters had it made with no consequences for being wrong, while pulling in a decent salary. Analysts have them beat to hell, but why must the analysts try and make such outlandish statements? He could have said under $55 and not looked like such a complete idiot.

Might want to consider selling it into earnings, the guidance could well be lower. Crack spread fell today, just a reminder that watching the intraday gyrations is quite necessary with oil stocks. The inventory report got pushed aside today, I'm thinking there will be renewed interest in those...

Perhaps we have identified one of those "moron longs" Cramer talked about in that video clip?

? Are your charts broken?

Mentally disabled, no. Financialy enabled, yes.

I'm not sure if you thought that my post implied that I think there is no cause for concern in housing, I certainly understand the severity and the possibilities. I'm just not so sure that Bernanke considers it his problem other than it's effect on inflation.

I think he's made it abundantly clear that his job is to control inflation. If it weren't for the housing issue I'm sure he would have raised rates already, which is not to say he's not raising because he's concerned about housing but that he knows he will be seen as the guy responsible for...

There you go....none of this is new, same old story dating back to the Romans and beyond. We here in the US are at least lucky enough to get our own slice if we are quick, smart and lucky enough.

IMO the majority of US residents are in fact stupid, they can tell you more about the entire life line of some tv show, but have no idea what the rate was on their mortgage, or how much they paid in closing costs and what those costs were for, or if they were legit. Many people buy cars and...

The gasoline price needs to keep pace with the crude price for the crack spread to be maintained. The current month crack spread futures price is up $2.03 to $21.25 today. If/when crude = $70 the gasoline price would need to be about $2.33 to maintain the spread. The refineries should do ok...

That is hilarious. Especially when the forum has a built in spell checker. Disclaimer: I don't know what your argument is about and I don't care.

Fairness, integrity, values? I can't believe that traders can be so naive not to know that all businesses employ underhanded tactics to make a buck and it has always been that way. There were never any good old days when Americans had values and the world was a wonderful place, as if we were...

The video is 2 months old and as already mentioned it's not really anything new from him. Calling him a douchebag for doing it is anyone's prerogative, but don't think he's the only one by a long shot, plenty of manipulation still going on.