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I am really not happy with it today. EOG $99 SWN $50 MEE $44....Lets see how that plays out for them. Sure its cold outside. But NG is still $5's and it took $9 to get them to these prices last year. Now there is infinite supply of the stuff in the Shale.

Must be alot of other idiots like me that bought gold on the pull back around $1115-$1120 who never had bought it much before. Are we permanent bagholders? or we going to get a pop in next few weeks to get us out? My best guess is that there will be a decent rally from $1080 and people won't...

Must be alot of other idiots like me that bought gold on the pull back around $1115-$1120 who never had bought it much before. Are we permanent bagholders? or we going to get a pop in next few weeks to get us out?

Strongest chart i've ever seen is the chart of copper inventories. Up every single day for months. http://www.kitcometals.com/charts/lmewarehouse.html The next strongest chart is the chart of copper price itself. As inventories go up, copper price never falls. Though has stopped going...

I would think that would drop gold $40. But not yet. CH) China PBoC Dep Gov Hu: Sees a bubble in the gold markets; Says the price of gold is at a very high level - Apple Daily - Says the central bank will be wary of investment in "bubble assets" ***Note: There has been some market...

Sounds like speculators sitting on 1 million tons of copper over in china. You would think someone would want to hit the sell button soon. There is no demand. Todays housing permits and poor housing starts pretty much guarantees no demand in the U.S. for another 6 months at least.

copper has tacked on another 7% in price since my original post. And inventories have still risen every day since. This is amazing. I guess people think that if gold can go up every day, then everything else can too. Doesn't make sense to me.

Strongest chart on the board is the chart of copper inventories at the LME. http://www.kitcometals.com/charts/lmewarehouse.html Never has copper traded above $3.00 with such high inventories. In fact, in past it has always traded toward $2.00 or lower. Also, never have copper stocks...

The successful traders i have known do not use indicators. Its about feel and reading the market and correlations and laggard plays and pairs trading correlation discrepancies and playing oversold/overbought for retracement. I have never actually known a big time profitable trader that...

“Many people regard February as the darkest month of the recession, but even then (sales were) higher, at 9.1 million units,” adds Edmunds.com statistician Zhenwei Zhou.

September Auto Sales Go Clunk Edmunds.com reports that “September’s light-vehicle sales rate will fall to 8.8 million units . . . the lowest rate in nearly 28 years, tying the worst demand on record. After the cash-for-clunkers program boosted August sales to their first year-over-year...

Is it correct that when someone receives severance pay, that they don't file for unemployment until that runs out? So since alot of people began to get fired 6-9 months ago, many received severance packages of 4-12 months ect. So a bunch of these people are now reaching the end of their...

Anything over 500k at this point seems like a disaster. Its June. I figured weekly jobless claims would be down toward 500k by now. Don't we need to get down to about 400k or less to keep the unemployment rate stable at best? I am guessing that 500k a week would be consistent with about a...

Valero broke the secondary price. Refiners are going broke, trying to raise cash and are closing down refineries because of weak demand (Valero shut down Aruba refinery today). Demand is crummy for the commodity. But strong for the price. Also, Airlines announced more flight cuts today...

The dollar really isn't much different from the December dip. I think it hit 1.43 euro in December. Funny there was no movement in commodities on that. Think dollar just a way to hype it. Good point on India and China demand for cars going forward.

$40 to $80 would be 100% gain in a year which would be almost an annual record. Seems unlikely in the middle of a global recession. But who knows. I figured $69 would be the top for awhile. I find this rally very suspect as we know demand is not going up and supplies only get larger even...

Crude was about this price when Dow hit 14000 in Jun 2007. World economy was firing on all cylanders then. I'm guessing that it can't hold the 44% rise it just made last 6 weeks. Just doesn't make any sense for the price to go up so much while we know demand is falling every day. At some...

Crude higher than it was 2 years ago. Only difference is that we are now in world recession and producers have had to cut back because of worst demand in a years!! Kinda goofy? Only explanation is Crude is about to fall. Or it was really undervalued in the 60's two years ago.

My cable modem seems to have a max download speed of 10MBS but the upload speed is only about 1MBS. Is this normal? Will this give me problems trading? I have recently switched to a new location and will be trading again soon at these speeds. Will this be good enough for quote package and...

I don't have my schedule K. Has anyone filed their taxes without receiving their schedule K. I assume I can just calculate what i think the gain/loss will be and go ahead and file without having received it yet. I found a special form that you file to reconcile problems with schedule K, but...