Crude Oil

[LT701]

well, at least we've kept Israel secure, even if we've detroyed our own country to do it

 

[dipper17]

What does the price of crude have to do with Israel?

 

[S2007S]

This balloon is getting bigger and bigger.......

 

[mazaltov]

Just went short. ~ 132.40. Hold time hopefully 1-2 weeks. We'll see or maybe cover tomorrow lol.

 

[gobar]

instead of shorting oil y dont u guyz go long on airlines stock...

they r down huge today a 3 to 5 dollar drop in oil could give 10 to 15 % in airline stock...

esp AMR, LCC.

 

[S2007S]

With high oil prices and the financials in trouble again it looks like the markets are bracing for the return of the bear.

 

[S2007S]

Quote from gobar:

instead of shorting oil y dont u guyz go long on airlines stock...

they r down huge today a 3 to 5 dollar drop in oil could give 10 to 15 % in airline stock...

esp AMR, LCC.

Agree, last time oil spiked to new highs and airlines fell I bought AMR around $7.31 sold it around 8.50, then saw it jump to $10+, now is way back down and looking interesting again but some are talking possible bankruptcy within AMR and other airlines.

 

[MrDODGE]

I wouldn't touch LCC, have friends who won't even apply for jobs there knowing the company may be in serious trouble.