Crude at $65 will signal market callapse

Quote from vhehn:

right now the market is ignoring oil. it has been up 5 days in a row while oil has had a big move.

The market, she's clearly feminine. Jump in oil prices, record trade deficeits, huge consumer debt, and we jump up. I tell ya, it just doesn't pay to be a fundy analyst. ;)
 
Quote from chlawfirm:

Do the math. Core inflation will go through the roof. Fed will be forced to raise interest rates by 400. Market will capiulate. Dont say u werent warned.

My humble opinion only. I have now shorted everything.

Will the sky also fall? If so, what market can I trade sky futures in?
 
offcourse higher oil prices are good for economy. Why?

Here is the answer. To cope with the higher oil, average person will try to work more. If we work more then it means more job will be created and income level will higher. We will put more extra hours, it will increase our industries output. If we have more jobs then it means we have less unemployement. More jobs and less unemployment are sign of healthy and strong economy. So what's wrong and why worry about higher oil prices? :D :p :p :p
 
Quote from no-problem:

offcourse higher oil prices are good for economy. Why?

Here is the answer. To cope with the higher oil, average person will try to work more. If we work more then it means more job will be created and income level will higher. We will put more extra hours, it will increase our industries output. If we have more jobs then it means we have less unemployement. More jobs and less unemployment are sign of healthy and strong economy. So what's wrong and why worry about higher oil prices? :D :p :p :p

i really need to find some crack like you guys are smoking.
 
Quote from chlawfirm:

Do the math. Core inflation will go through the roof. Fed will be forced to raise interest rates by 400. Market will capiulate. Dont say u werent warned.

My humble opinion only. I have now shorted everything.

Oil bubble will pop sooner or later. That money will dive into the stock market and force it up. When the market starts going up they will began to sell bonds and hop into the stock market so as not to miss the move. Then the shorts are going have to cover.

I have been waiting for 2 years for this market to crater and I have to consider now that it must want to go up rather then down.

John
 
Quote from stocon:

What would be the inflation adjusted price for oil when it put the screws to US in the 70's???:confused:

Seems like I have heard $110 a barrel but don't quote me.

John
 
Quote from jficquette:

I have been waiting for 2 years for this market to crater and I have to consider now that it must want to go up rather then down.

There's a bearish sign if ever I saw one. ;)
 
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