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1) How much do you need it to pullback to be considered a bubble from peak, 25%? 50%? 80%? I.e. what # would most ppl acknowledge it was a bubble (like housing or dot.com were). 2) If oil fell to say $80 a barrel, would it still confirm "peak oil"? 3) What price would it have to fall it ->...

how about in gold :p Thanks central bankers, creating the illusion of prosperity.. until they cant.

but I ran my fib tool on my charts and it said 1255 as a target (2.618 expansion). lets see what happens there. I know a lot of ppl play fibs here, so what r u targets for the "low". Thoughts?

solars have also been getting/r getting pounded. I bought some coals and solars this AM :(

they do have a performance report, I think they are up 8% from last Q 2007 -> now

did osama win? :mad: (He said he would bankrupt us like he did USSR)

i would say myminitrading, but he might have actually quit.

No, just calling u out as a racist, doc.

hmm i've read 12pm and 1est

i bought some for a bounce, underwater right now tho

Why cant it go higher before lower? Im a Oil bear but waiting for 150-160 area and depending on how it reacts there maybe it goes to 180-200.. ideally, it spikes and rises fast, but ultimately its a bubble.

what does Mittal being given board membership at goldblum smacks have to do with the Sensex?

Isn't that the essence of capitalism?

Very nice Ron Paul video: http://video.google.com/videoplay?docid=-1189381089728783996&hl=en Wtf are we doing?

interesting july 4 week which normally means bullish because light volume days/weeks are usually up, but lately its been the opposite.

oil -> $150-$160 next but sure looks toppy, I'm thinking one more squeeze. If not there then 180-$200 then maybe sharp reversal. still too many ppl shorting crude it ain't gonna be that easy

If we're expecting USA ingenuity from GM, then we certainly are doomed.

Hi, thanks for the thoughtful post. So is the belief that since the theoretical clearing firms that will execute the trades actually be taking risk they will be more likely to appropriately assess risks of clients that are trading thru them?

So who backs the "central counterparty", ie what assets does it have, and what if it becomes insolvent? I assume that there is some form of limitation of liability/obsfuscation of facts here, so I dont see this as a good thing. It seems like more socialized bailouts.

People are beginning to regard their homes as merely shelter and not an investment. And that pretty much sums up how we got here.