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Long. WARNING: VERY SPECULATIVE!

Soros came up with that erm 19 years ago :D.

Hehe, that's what they said. Remember, before Black Wednesday in 1992, the British finance minister said they would continue to keep the Mark/Pound above the predetermined rate. And OPEC doesn't have that much excess production, does it?

Lol, if you keep looking for reasons, you'll be broke in an irrational market. The technical reason: Break of $70 double bottom, new high. Trend is up. Good enough.

I agree. German ministers were shouting for the markets when the EUR/USD was at 1.3000+. The EZ trade deficits soared too. But that doesn't prevent me from trading LOL. I still like AUD/USD best.

Still bullish. USD getting hammered. "Ben, save the Dollar!"

Lol. Well give us bulls some time, we're still accumulating. Soros still wants me to execute a 500 million barrel order, can't do it at once, can I? :D

Let's review our basic theories: 1)Theory:The markets are always seeking for equilibrium Reality:The markets are always at disequilibrium. Explain oil's huge gain in price even after it made it to the 60s? Speculative demand and reflexivity. But equilibrium would mean new supply would kick...

Like Soros would says, SOCIAL SCIENCES ARE NOT SCIENCES! What works is real, what doesn't work, even if they claim to understand the basics, is false.

UNFORTUNATELY, Your econ 101 instructor would never make money in the real markets. If that's someone to take advice from...

Too much excess liquidity. See the money supply growth?

USO

Keep dreaming, so far the bulls are the ones in control(not to mention we'd made the most money. Picking 4% tops isn't what we're in business to do, what we're in business in to do is maximize profits.)

$1.75 isn't much. Though my oil stock IS down 6%. Holding on...

In the long term, oil will prolly go to the single digits, with the advent of new technology. But of course, in the long term, we're all dead, so.. :D Anyways, you short oil with real money? Yeah, I've an oil stock with real money down 6% today, still unworried.

OPEC has less power on oil prices than you think. It's just diplomatic eyewash. I remember seeing a headline in the 1980s that OPEC thought oil would go to $5/barrel. Well.. And remember that guy who posted about shorting gold in the "Trading" section? Where is he now?:D

If I were trading oil stocks, obviously, I would be watching oil prices. I look for 1)Excessive sentiment. Though that doesn't make me sell at once, I will cut down on positions at times 2)More importantly, I will look for technical reasons to sell. I.e. in Feburary, oil formed and confirmed...

The article is BS. First of all, it's very poorly typed, not using caps where needed. And more importantly, wouldn't open market operations be a lot more efficient ?:p

Only when a special dividend is above 10% of stock price, then the option's strike price will be lowered etc. But say we have XYZ with a stock price of $50, giving out a $2.5 dividend to shareholders tomorrow. We could buy the puts at $50, and sell after the dividend gap tomorrow. Now, I know...

Heh, it's not really representative. After trading like an idiot for most of Q1, I found a good entry point into commodities and made almost all of my profits off 1 trade(I risked 5% of equity on that trade, about twice the average trade, don't think I bought a full portfolio of CRB Index calls :D)