20 reasons why Oil to NEVER hit $135.00 again...dated: May 22, 2008

Quote from increasenow:

the bearish Oil move continues...dated June 25, 2008
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What is the point of continuing this thread? All you do is post every time that oil dips that a bearish move is "confirmed". Checked your quotes lately? Keep shorting a bull if you want...either you will get it right at some point or run out of money trying.
 
I love how he keeps quoting his NEVER to hit $135 post when indeed he was dead wrong on that call and oil hit that number and went higher several times.

At least he should change the quote he is quoting to something more appropriate. Somehow I think his passive aggressive style is exactly what he is shooting for :eek:
 
Quote from ebayuser:

just buy it...you will not lose money.
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Ugh, for as much as I hate $4+ gasoline, I'm in. Going long CL as a hedge against my rising fuel costs.
 
Funny! How irresponsible the OPEC members are! They contradict each other, Saudi said increase production while Libya said otherwise. Would UN or US have a comment on the OPEC?
 
Quote from brocklanders:

What is the point of continuing this thread? All you do is post every time that oil dips that a bearish move is "confirmed". Checked your quotes lately? Keep shorting a bull if you want...either you will get it right at some point or run out of money trying.
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the only point of continuing this thread is IF traders can continue the "dialogue" about trading this market in the most profitable manner for all concerned! To the extent traders can collectively post insight (supported by sound reasoning and clarity) will it still have value. Otherwise we can all look on the screen and read online or print news to see current price levels and propaganda! :-)
 
+/- 4 pts really isn't too bad of a long term call if this thing hangs in >140., and goes lower. More than likely though he wouldn't make money on this because he would end up buying 141's only to see lower prices later. It's just the nature of this trade. You're already wrong so you would be looking at 140 as an out possibly and if you wanted to lose a boat load hold to 150. But if the market got there it would be so frenzied that you would for sure be shaken out. My opinion you may be working this trade, but fading a commodity bull market is a very very hard and dangerous thing to do. Good luck with the trade.. I'm all for it. Lower Oil that is. Not you making money.
 
Anyone remember what was happened a few days or few weeks after CL had reached $39 on April 1980? I suspect it just touched the $39 and then fell back freely. But this time I feel CL keeps pushing the roof (of $139). Will the roof is strong enough????? :eek:
 
Quote from jasonjm:

i dont see anything bearish at all

I was short crude and threw in the towel yesterday

if anything this looks like its going to move higher

We have one solid week of nonstop jawboning to lower crude, and nothing has worked

Short squeeze coming, watch
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I like quoting myself
 
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