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Maybe it's just me, but I think this is one of the worst years ever in terms of the quality of movies that has been released. The Happening, Zohan and Love Guru? Seriously now. They're not even fair given what they're supposed to be. It's not like anyone had heightened expectations...

Bernanke could slam the door on inflation with a firm 50 basis point hike tomorrow, but he doesn't have the balls or brains. What's better? Increasing inflation over and above what we're already experiencing, while the banks refuse to lend money except for all but the most exceptional...

Bernanke could slam the door on inflation with a firm 50 basis point hike tomorrow, but he doesn't have the balls or brains. What's better? Increasing inflation over and above what we're already experiencing, while the banks refuse to lend money except for all but the most exceptional...

Actually, that's not a bad short at all.

+1

This thread was a feeble attempt at humor. I cut and pasted Dow Chemical's reasoning for raising its prices, and mirrored their price increases, as well. Meanwhile, the markets are selling off dramatically, with the good stock being thrown out with the bathwater.

I have to. I had to raise them 20% last month, so this amounts to a 45% increase just since June 1st. The staggering increase in my costs over the past few months have forced me to take these further measures in order to restore my margins.

I heard a rumor that Nigerian rebels mooned some Royal Dutch Shell workers, which is causing oil to spike.

Super screened, but his show is tape delayed. So they can edit till their heart's content.

Bond traders have moved significantly towards the rate hike case. I have no dog in the fight in terms of money (yet), but inflation is really about to ignite in secondary ways. We've only felt the direct impacts so far. Knock on effects, here we come. Bernanke created the bed he now lay...

Absolutely not. This is what happens when you can tie up specific amounts of a commodity, with a paper agreement, without ever having the need, intent or desire to take delivery of it. You are able to take supply off the market, by contract, and for as long as you desire, as long as...

$6 a gallon gasoline would mean $7.50 a gallon diesel and $8 a gallon jet fuel, based on crude stocks and refining capacity (by type and volume). And it would definitely put us into severe recession land. Look at the stress $4 per gallon gasoline is putting on the country. I can't...

Today, the Congress took testimony that speculators, as opposed to users, hold 71% of CL contracts, as opposed to 40% in 2000. The CEOs of the largest oil companies have testified under oath that the equilibrium price of oil should be between $50 and $60 per barrel. But I'm sure that you...

He has not a scrap of credibility. None. I've never seen anyone who is a literal manic-depressant get their own show recommending whether to buy or sell stocks. One week he's screaming to buy, the next week he's screaming to sell. It's a sad commentary on NBC and CNBC that they not only...

I own a boatload of $30 calls on FTO w/January 2009 expiration date for the exact reason you cite. FTO has a near 70% sour crude refining capacity; an industry high. I think all refineries are set to run, but especially those with sour crude capacity, such as Valero, and especially, FTO...

I am very strongly considering it. I'll post my exact entry data for all to see if I go for it. The fact that oil was not up significantly on Friday on the Israel-Iran issue, nor today, on the Nigeria and North Sea issues....I think this long trade is running out of steam. Inventory data...

I'm not sure. Hopefully, Ben will stop on the

Sorry for my ignorance of the subject, but why would a customer know or be told about the fact, assuming this is true, that Bank of America's 'Fed Wire' is not available? I'm really trying to understand this. Bank of America has access to the Fed's discount window. ???

You ARE referring to Bank of America, right? What is a 'Fed Wire?'

I won't copy and paste it (just link it), because Landis might get upset if I did, and when he gets upset, it makes me upset, because I like seeing him happy. Anyways, here's the link. Goldman isn't so infallible after all. I'm thinking we're going to find out very soon that Goldman is far...