short 100.75
CL Redux
- Thread starter schizo
- Start date
out 100.30
Here is my view on Libya
Look at this moran gaddafi , he got ripped of most of his asserts .
His worry is now how to get at least some of this money that is the reason he is not using air bombing etc. He know once he use air bombing it triggers No-Fly zone and he will be kicked out of country.
Now all his plans are how to get some of this money , with out this money those African Nations Chad/Venuzuvela etc.. won't care about him when he flees to those countries .
Given US freeze of $30 Billion and possibly other asserts EU/ Canada etc.. $50 , total close to $80 B , he can not get any thing now.
- once libarated Libya brings corruptions charges against him and his family I guess this money goes to new Libyan government , they deserve this very badly after decades of the suffering and it is their oil money .
Look at this moran gaddafi , he got ripped of most of his asserts .
His worry is now how to get at least some of this money that is the reason he is not using air bombing etc. He know once he use air bombing it triggers No-Fly zone and he will be kicked out of country.
Now all his plans are how to get some of this money , with out this money those African Nations Chad/Venuzuvela etc.. won't care about him when he flees to those countries .
Given US freeze of $30 Billion and possibly other asserts EU/ Canada etc.. $50 , total close to $80 B , he can not get any thing now.
- once libarated Libya brings corruptions charges against him and his family I guess this money goes to new Libyan government , they deserve this very badly after decades of the suffering and it is their oil money .
03/02/2011 09:50 DJ UPDATE: Gadhafi Warns Of "Bloody War" If Military Intervention
I guess a no fly zone & military intervention is to prevent Gadhafi from destroying oil infrastructure.
I wouldn't be surprised if the US affixed one of the bombs from the captured mirage, to a drone and did a false flag attack to get the security council resolution passed :eek:
Understatement Alert! CL's bucking like a ball-squeezed billygoat.
As I added to my post, this may be priced in and it has had a big run up already.
To be honest I've done very little trading this morning. Not only CL but all of the other contracts I trade are all over the place. Up and down and all around. When I don't have a strong feeling for what's up, and the markets look confused, I just back off and wait. I'd rather trade when there is more direction, up or down. Of course things do eventually change and the market decides.
