Weeeee look at oil go, poor stock market

[ByLoSellHi]

Quote from stock_trad3r:

It is a lousy stock, a mediocre company, in a sector far past its prime

Semi's were a good investment in the 80's and 90's but now moores law will become an issue since they can only make the transistors so small.

Intel is in prep now to make a 45 nanometer, which was a huge technical challenge before.

Moore's law is all good.

 

[stock_trad3r]

Quote from ByLoSellHi:

hahaha


Yeeeaaaahhh buddy.

C'mon stock_trdr, you know it's true.

You're a natural born buyer. You buy the dips, you buy the tops, you even buy the in-betweens. You're even an in betweener!

You forgot the '3' its Stock_Trad3r

 

[myminitrading]

Oh I forgot, high oil is good it means the economy is strong weeeeeeee

 

[myminitrading]

Quote from lauriston:

the reason being given today for crude oil spike is the usual Iran and now Nigerian politics (death of opposition leader)

I think this hype is being cranked up for obvious reasons and when it stops we may see a sizable drop in crude. These reasons are not sustainable for long IMHO

i follow crude from time to time on my blog:

http://lauristonletter.blogspot.com/

surprise were running out of oil, the market is singling that, crude has never stayed near its peak for years.

 

[stock_trad3r]

Oil prices will decline rapidly

$66 is too high for just speculation and a few minor incidents

There is planty of oil remaining in the world. It is estimated that between 20-50% of all oil has been used. There is estimated to be 2 trillion barels of shale oil in North America

 

[ByLoSellHi]

Quote from stock_trad3r:

Oil prices will decline rapidly

$66 is too high for just speculation and a few minor incidents

There is planty of oil remaining in the world. It is estimated that between 20-50% of all oil has been used. There is oil in Alaska as well as Shell oil.

Yes, there is a Shell Oil brand.

But I think you mean shale oil.

 

[number22]

Quote from myminitrading:

For sure! just listen to the bond market hehehehehe wink wink

LOL; come on; don't give out misinformation on the board; the bond market is lowering; yield is crapping up; anyone shouldn't expect a rate cut soon; at least not for 6 months.

As for the oil; it will drop; when the carry trade is going to unwinding soon.

 

[TM1]

Quote from stock_trad3r:

Oil prices will decline rapidly

$66 is too high for just speculation and a few minor incidents

There is planty of oil remaining in the world. It is estimated that between 20-50% of all oil has been used. There is estimated to be 2 trillion barels of shale oil in North America

perceived supply and demand drives the price not actual supply. Anyone can see there is no shortage...any of the gas stations out of gas in your neighborhood? No...you know why that is? Raising the price keeps the supply safe. Do you know why gas stations run out of gas during emergencies like hurricanes? Price controls...if the operator could raise prices according to supply and demand, then motorists would not buy it all up, therefore preserving the supply.

 

[myminitrading]

Quote from number22:

LOL; come on; don't give out misinformation on the board; the bond market is lowering; yield is crapping up; anyone shouldn't expect a rate cut soon; at least not for 6 months.

As for the oil; it will drop; when the carry trade is going to unwinding soon.

Oil is a finite resource, its running low, get it!

 

[myminitrading]

A stronger stock market means higher oil prices.