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Naaaa, they need revenue. It wasn't so long ago that oil was $10/barrel. If they had kept supply limited it would never have gone that low.

AFTER? LOL, its a game of be careful what you wish for then, because if you get it, you must already be dead.

On the other side of the coin, I'd expect it to go at least below $50 when the silliness ends because they make so little profit per share.

As global demand rises, and existing fields deplete, it would make sense that the people selling exploration and drilling stuff would be the biggest benefactors. It won't stop till economies contract to where demand no longer exceeds supply because the politicians lack the guts to tell people...

Sure, everything makes it go up anymore. I imagine if there was actually any real good news, then it would drop out of rate hike fear.

I'd imagine that would be good for the market and the dollar, and bad for gold if that's the result.

The part about SS and Medi was a load of crap. Our grandparents and parents paid almost nothing and have gotten, and are still getting much, much, much more than they ever paid in. When the system was designed back in the 30's the reason the retirement age was set at 60 was because the...

Since we are making more and not saving, and from the looks of that, we aren't buying durable goods, we must be spending a heck of a lot more on "non-durable goods" or services? That year on year chart sure looks like a decline to me.... Nobody ever mentions the year on year that I recall...

The only thing that would really solve it would be to reduce demand to where its a demand constrained buyer's market instead of a supply constrained sellers market. The way to kill 3 birds with 1 stone was to tax fuel usage, use the money to eliminate the budget deficit, and reduce the trade...

makes sense.

I thought I read somewhere that the Fed never cuts until things are already bad enough that profits sour, and the end result is that usually when they cut, it ends up a signal that its too late, and the market drops anyway. Sorry, don't recall WHERE I read that, and don't know if its actually...

I figure unemployment won't be too bad, but think durable goods might not be as happy as wished for, and same with home sales. All that said, my guess is unless China gets into troule overnight, bad news will still be good news, until it becomes obvious it isn't. Totally irrational, IMO...

Bought some July puts today because I'm too chicken to short it. Sold them at the close because i'm afraid they can run it up again any day of the week.

I have a right to an opinion no more or less than you or him. Add to that his insults Add to that that I was right and he was wrong And now we can add your insults to it, huh? I'm STILL right.

Sad to say, but the old system was costing over $5000 just for the lawyer to get you papers. IMO, the government should charge the same amount, but let them pay it off at $1.00 a day. It would be a penalty, but no more expensive than the lawyers fee. Also, making them go home to sign up...

The sad thing is that those cars are available in places like India already, and they sell for under $3000. With a 1 liter motor, it wouldn't be difficult to get 75 mpg and be able to do 75 mph max, but its just that Americans have demanded (bought) big trucks and SUV's instead, so no carmaker...

Last saturday they spent 10 min talking about paris hilton. The other fox "business block" shows did, too. none are worth watching anymore.

WHO is the ASSHOLE, here? WHO was RIGHT? Is it too far fetched for your comprehension that there might actually be REASONS why things happen? Lowlife!!!

From what I hear this got posted all over the net over the weekend on a number of boards. I thought it would be beneath any major outfits to use web scare tactics openly. guess i was wrong.

It just means that the prices of the bonds don't seem to have the risks factored in.