Search results

Thats not a major..... Economics is in the "liberal arts" catagory, maybe thats what you mean though

Force Majeure doesn't void the contracts, it extends the time they have to delivery the physical commodity. It will usually cause a an increase in the prices. See what happened when they declared a force majuere on Nat Gas after Katrina. http://money.cnn.com/2005/08/29/markets/nymex/ 5yr

If thats true why aren't you selling contracts just before expiration at $130 or so and delivering the $80 oil? You should be getting 2nd and 3rd mortgages to take advantage of this oppurtunity. 5yr

I missed something, why does it appear so?

I don't think so because I don't beleive this is true. Volume from May 27th NYMEX Crude oil 514,584 ICE Brent 262,963 ICE WTI 200,046 So check your information, remember the goal of this thread is to try and seperate the misinformation from the facts about crude. 5yr

That isn't quite right, the more out of line the more the arbs will work, its essentially free money. If there are big differences the amount of money that would flow to the arbs would far out weigh the amount of money speculators have. "Theoretically if the arbs have moved the price of...

To OP: Can you plug in a price series to your computer program and determine whether it is random? Like plug in the closing prices for crude over the past three months and let me know what it says. Thanks 5yr

What RS said makes sense, because if the futures get too far ahead of the cash market it becomes very easy to make money. Lets say the futures are at $130/barrell due to "all the hedgefunds" buying them on "speculation." The cash market is trading at the "fundamental" price of $90. It would...

To the OP: How will you be able to determine whether the series posted are random? Do you think that markets are random? Do you think that markets follow a normal distribution? 5yr

1001010111 0010110111 0101011010 0001011101 1111010100 0101001010 1010010100 1101110101 0100101110 1010010110

Crude Oil is going up because of future supply issues, not becuase of speculation. Killing the messengers by eliminating margin would do nothing to stop this except decrease the transparency of the market. It isn't the speculators that are in control, it isn't the oil companies, it is the...

DIG holds shares of companies, 25% of it is XOM, exxon was down today, along with the majority of other stocks it holds. DUG is the inverse of DIG. http://finance.yahoo.com/q/hl?s=DIG Oil companies will not match what oil is about to do in the next 5 to 10 years, there executives are...

Thats probably the most accurate forecast I have seen yet. 5yr

Yeah it worked with oil.... I started out working on the floor of the CME, a 3rd generation meat trader worked in my office. The only trading advice I ever got from him was, "I have made a lot more money buying new highs then I have selling them." 5yr

Once you get the scooter you could car pool and save even more! http://www.flickr.com/photos/tom-margie/2079908802/

That worked well, are you still short? 5yr

This is the point a number of people have made. Before myspace it was friendster, soon another better social networking site will pop up and everyone will move to that from facebook and myspace won't be used at all. These sites are way over-valued, I give their shelf life about 5 years before...

Bluestreek, My comments are directed at you, just the general feeling I got from reading this whole thread. 5yr

Yeah I tend to agree with you, it does seem like oil is a bit over-bought and I do think there will be a big correction, $35 dollars might be right, who knows. My question is from where? From right here? From $150? When will the government institute price controls? Bush won't do it, but the...