there is some deal here in the US ,when the mid easterners come over here and open a gas station,maybe any biz,don't know, they get tax free for 7 years,you have to wonder if there are several more compensations over there between shell,bp etc ,US,and a manipulation in oil prices as a payoff for extracting the oil
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CL Redux
- Thread starter schizo
- Start date
Sept. 10, 2007 : ABC News reports that 60% of Iraqis see security worsening since the troop escalation. Only 10% see improvements.
Oct. 2007: Despite the U.S. escalation, Iraqi refugees continue to be displaced. More than 2.2 million refugees have left the country, and an equal number have been displaced within its borders.
Jan. 1, 2008: For U.S. troops, 2007 is the deadliest year.
Oct. 2007: Despite the U.S. escalation, Iraqi refugees continue to be displaced. More than 2.2 million refugees have left the country, and an equal number have been displaced within its borders.
Jan. 1, 2008: For U.S. troops, 2007 is the deadliest year.
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ammo don`t have to go that far; just a lot of liquidity in the system, even some it finds its way into oil, so given the fundamentals it should be lower, but works both ways as if the fundamentals were better we would be up near 147 like equities at all time highs = a lot of juice in the system, but they usually try to get out every tuesday night before inventory reports show how bearish supply is.
we will sell off when equities sell off! or another gold liquidation move!!
we will sell off when equities sell off! or another gold liquidation move!!
ammo, i like your analysis from a technical standpoint, but given the bad econ data, and we haven`t sold off, (wait til after europe closes, and if we still don`t sell off, then i think brent has had a positive month, and they wont sell off oil until brent officially rolls.
but if oil doesn`t go below 94.40 then watch out for the 12:15 ramp higher into the close.
but if oil doesn`t go below 94.40 then watch out for the 12:15 ramp higher into the close.
very bullish price action, trend line break up on the 2 week chart.
it looks like somebody thought 92 was a nice sale price for oil.
it looks like somebody thought 92 was a nice sale price for oil.
actually if you look at gold, silver, copper it appears large commodity fund stocking up on reduced prices for commodities.