Oil hits new peak at $75

ksonsinc · Apr 21, 2006

Oil hits new peak at $75
Is that why we had a sudden selling coming in or what - ?
WTF

a529612 · Apr 21, 2006

Yes, just an excuse to lock in profit.

ksonsinc · Apr 21, 2006

Thank you ( O I L $75 ) for the profit today on my ES

Shoted at 1321

The Kin2 · Apr 21, 2006

I LOVE MASTERBATING WITH LITE SWEET CRUDE! Booyah!

Long Oil = $$$

My plan is working perfectly.

Tigerjaw · Apr 21, 2006

I'm looking for a short term correction before jumping in - - so far it ain't co-operating with me.

PaperbackTrader · Apr 21, 2006

Hi,

when oil futures spiked up to $75/barrel today, any idea why the 30 Tsy rallied also?

I would've thought higher oil would mean increased inflation and therefore put upward pressure on the long end of the yield curve.

thanks

diligent · Apr 21, 2006

gold and technology had a kid and they called it OIH.

kowboy · Apr 21, 2006

Hey no problem. The govt doesn't factor in price of oil in the CPI. So it must not cost us anything more at the pump.

What..... me worry?

traderguy02 · Apr 21, 2006

Quote from PaperbackTrader:

Hi,

when oil futures spiked up to $75/barrel today, any idea why the 30 Tsy rallied also?

I would've thought higher oil would mean increased inflation and therefore put upward pressure on the long end of the yield curve.

thanks

more than likely a fear over instability of strength in the economy due to higher energy prices...so given the recent rise in bond yields they were probably being bought for a little portfolio security

toc · Apr 21, 2006

'I LOVE MASTERBATING WITH LITE SWEET CRUDE! Booyah!
Long Oil = $$$
My plan is working perfectly.'

Then why are you still masterbating, you got to be swamped by ladies wanting to go shopping.