Oil Run up

Quote from ByLoSellHi:

I told everyone that this bullshit with crude was going to crush the equity markets.

I don't care that I was right or wrong, but there's no doubt it's happening in front of our eyes.

Now the question becomes what the hell is anyone going to do about it, because this is a crazy ass, serious, damaging situation we are facing.

We have an incompetent federal reserve; that's apparent. Bernanke went two or three cuts too far, and this is what incompetency brings you. I won't even get into the every other incompetent branch of our government.

it was the unemployment numbers that caused most of the selling
 
Quote from Landis82:

Yeah, and at this rate I guess he wants the ENTIRE FREAKING AIRLINE INDUSTRY to go belly-up and all commerce as we know it to stop dead in its tracks.

Thank you Phil Gramm
Thank you Wendy Gramm
Thank you George "Dumbya" Bush

Dont forget all the libs who stopped all reasonable alternatives (nuclear) and oil exploration.
 
Quote from pismo10:

Dont forget all the libs who stopped all reasonable alternatives (nuclear) and oil exploration.

Get a life you Jerk! This has nothing whatsoever to do with people whom you call "libs." I suppose you mean Liberals. A liberal is someone who believes in individual freedom and a government that does not interfere with the rights of the individual. (Look it up in your dictionary.) This has to do with greed, plain and simple, not with the desire for personal freedom. And while you are in the process of getting a life, get an education!
 
Quote from pismo10:

Dont forget all the libs who stopped all reasonable alternatives (nuclear) and oil exploration.

anwar would drop the price of a barrel by a measly 30-40 cents according to the DOE...thats about 1-2 pennies per gallon of gas....duh....nuclear,well wall st doesnt beleive in it because nobody will start construction unless they get govt garantees/subsudies...wall st knows nuclear is way too expensive and hi risk too do it all by itself-it needs the liberal mommy hand of the hated govt to finance it all(sarcasm).No thanks.Nuclear is another non viable subsidized scheme.
 
This thread is an instructive lesson on how to trade. Just do the exact *opposite* of everything recommended on here, and you should have a very promising trading career ahead of you.
 
Quote from SCI new york:

ECB statement my arse

133 a barrel now

it was at 122 yesterday


I hope all the big firms traders get fuc*#% for this

It was at 135 last week.

Have you guys never seen a bull market in anything before? This is exactly the sort of price action you get in any bull market.
 
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