Search results

Have the feds made any *concrete* statements about releasing/loaning light crude from the reserves to refineries . So far all the keywords have been "weighing", "thinking", etc. Nothing concrete. Can't these people comprehend that actual *concrete* statements would do a lot to bring crude...

I suspect most looters ( not of food but Tv's and clothes etc) are the welfare collecting types who had no money to put gas in a car and leave.

You rolled over a long position. Are you long because of higher crude or some other fundamental assessment of the bond market.

Major short squeeze this past hour in the 10 year note. Looks like a new weekly uptrend in the making. Anyone care to comment why?

Would be interesting and value added to the site. eg with all the "High crude/Buy now" threads that popped up all-day yesterday, crude was a sure short.

Natures lesson is pretty simple. In any ecosystem, there are a few predators. And lots of prey.

LOL! Well if you think it's not true. No one can force you to believe. Thanks for the laugh. I suspect your next post will be "does trend following really make $".

USD up cause JPY sellers bought USD. imo unlikely Japanese Central bank will intervene to support JPY ( The most manipulated currency).

Working on my CFA right now. CMT going to be next. I think both are important for well rounded analysis ability of markets since every market is related to some degree.

Regardless of how much they make from selling oil, these people will be destitute once their oil runs out. They have high unemployment in the indigenous population yet everything is run by foreigners. Any type of work is frowned upon by the locals since they get massive govt. subsidies and...

Very interesting link. Thanks for posting it.

You're $75 seems reasonable. I was expecting a short term correction next week then a price climax to $78 when all the hot money get-rich-quick retail traders piled onto the crude bandwagon. If a few rigs do get damaged I'll have to reassess my short position and go long.

I have that on my watchlist. How about that SMTX. should've looked it up when I told you about it :)

I'm sure T Boone was'nt talking up his position. :) Crude inventories are at an all time high going into next few months which have less demand. It's the undercapacity in refining ( seems all refineries are being shut down for some reason or another) that's leading to the perception of a...

Could you elaborate on how Dorsey calls the tops? I understand he uses data related to options pricing. Cook uses a cumulative tick intraday count where he records # intraday ticks above/below +600/-600. I don't see any crash coming anytime this year. If it does happen it'll be around mid...

Went short at pretty much the high of day. Shorted after the double intraday top that tested confluence of resistance. eg. Spinning top (candle stick) followed by narrow range day, then todays weakness. Fib retracement( taken from yearly low to high), trend break, over bought at upper price...

Looks like it's forming the right shoulder. Looks bearish. What's there to be bullish about the EUR anway?

Hurricane did'nt effect oil rigs anyway anyhow. I short the 10 year note and QM today. Both trades are to take advantage of short term corrections.

Jim Rogers and Marc Faber have been preaching this stuff for the past 4 years. http://www.financialsense.com/Experts/2005/Faber.html Links at the bottom. Btw every macro trader worth his salt should know about these two.

And what does that say about those who fantasize about the jerk in their sleep? The idiot is a pumping choirboy for the street.