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This current crisis is laying the foundation for an oil shock that will blow u away in the next few years. Massive pullbacks in capex on E&P, will lead to an extreme tightening of the S/D balance going forward and require massive price rationing. In laymans terms- high prices cure high...

SPY is trading down around 8.37%, that is the best indication u have as to where futures will re-open

I actually fell for that one, I've never seen that show before. Thank god for wikipedia!

I wonder if Michael Scott sold out at $100. Where the Fuck is Michael Scott anyway???? So many of his ramblings came to fruition. I just wonder if he had a brain, opposite of stocktrad3r, and sold out of his holdings at the #'s he touted.

The ones that make more $$, need the 95% that don't make enough to have a little more. Do the math. If 30% of taxpayers get a break of a couple of thousand dollars, they will spend more, have more to pay their medical bills, etc. And your wife will make more $$, just in what is not written...

Yes they will. Trickle down economics is a load of horseshit, the rich don't spend more when they keep more though beneficial taxation. Put that extra little bit of money in the paycheck to paycheck vast majority of this country, and they will SPEND it mostly out of neccesity. That is trickle...

You need to set up as an LLC. Then, set up an LP for the trading. The GP of the LLC (you) is the controller of the LP.

Because they derive more money from the gloabl crude reserves they own, and the petrochemical refining than they do gasoline. gasoline is a drop in the bucket for their profit portfolio. The price of their reserves followed the price of the futures and thus the value of the company ran along...

$140 oil would equate to a roughly $3.45 gasoline futures price (assuming just a $5/barrel gasoline crack). The gasoline crack is now negative, at $72.20 a barrel for Nov crude, the gasoline crack is a negative -$1.094 using $1.6930 Nov RBOB). Don't use % moves in crude to try to dictate...

Natty action and what I am seeing on deal flow across ICE leads me to believe we have been building the downside of a trading range that may extend back up to the 7.20-7.50 area initially. Crude has bled like a stuck pig, the equities have been crushed and we hold the topside of 6.50...

Really, why not let it all crash and burn? Let debt be defaulted and mayhem ensue. Why keep piling up more debt to fix the problems with the current account? I have 3 young kids that don't want to be enslaved to our debt for the rest of their lives. Sure, there would be some years of...

This action to me looks like a snapback rally into the close is coming. stay tuned.

It is called markup for profit. If I have a store and buy spot silver at $12 and sell it at spot price of $12, my store wouldn't last too long. Spot prices are for people that can buy in large quantities. Buy a comex contract and go to delivery, you will own 5,000 oz. Most of the public...

try this- http://www.youtube.com/watch?v=wfGD5FgtNtY

Another of stock turd3rs "all in" reccomendations, he knows how the markets work. w3rd!

the ball call- <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/wfGD5FgtNtY&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/wfGD5FgtNtY&hl=en&fs=1" type="application/x-shockwave-flash"...

Welcome to the final outcome of Reaganomics. The bill is now due. Like the rest of the world has done at one time or another, we will only get on with capitalism 3.0 when we default all the current debt and redesign the system. But it will take roughly another year for most to realize...

Not to worry, avian flu or ebola, etc will take care of this problem for us. reset population back to a lower #. Sadly, it will likely wipe out wide swaths of the 3rd world that have limited if any access to healthcare. Almost Darwinian in nature, weeding out more of the weak than the strong.

Tell him you make more money by 9 a.m. then anyone that works for him can all day. Then hand him your card.

Aye!