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View unanswered posts | View active topics
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simontay78
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Post subject: Re: Another Record ($147.27)  Posted: Mon Sep 22, 2008 10:49 am |
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| Heavy Crude |
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Joined: Mon May 01, 2006 12:00 am
Posts: 197
Location: SG
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Forney2008
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 10:57 am |
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Joined: Wed Apr 16, 2008 12:00 am
Posts: 126
Location: Western PA, USA
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Short Squeeze, Dollar falling, or banks doing sinister games by putting fear in congress by manipulating dollar down somehow?
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Forney2008
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 10:58 am |
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Joined: Wed Apr 16, 2008 12:00 am
Posts: 126
Location: Western PA, USA
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Oil futures appear to have hit lock limit up for day($10 price move).
Link
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simontay78
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:04 am |
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| Heavy Crude |
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Joined: Mon May 01, 2006 12:00 am
Posts: 197
Location: SG
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Valdemar
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:04 am |
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Joined: Wed Mar 28, 2007 12:00 am
Posts: 355
Location: Cambs., UK
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Equities are a bust. The traders aren't stupid. They know they can take that cash out and put it into things that won't devalue and will always be needed, such as commodities. Oil is one of them, expect metals and food to take-off too.
_________________
"Nothing survives. Not your parents. Not your children. Not even stars."
-Pinbacker, Sunshine
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TheDude
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:10 am |
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Joined: Thu Apr 06, 2006 12:00 am
Posts: 4384
Location: 3 miles NW of Champoeg, Republic of Cascadia
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Spots are almost entirely back in triple digits - Louisiana Sweet at $119.80. Southerners will soon be filling up nothing but bicycle tires at this rate.
Crude oil spot prices
_________________
Cogito, ergo non satis bibivi
You got the wrong guy.
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Valdemar
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:24 am |
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Joined: Wed Mar 28, 2007 12:00 am
Posts: 355
Location: Cambs., UK
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$127.37 for WTI.
Largest single day rise in price in history.
_________________
"Nothing survives. Not your parents. Not your children. Not even stars."
-Pinbacker, Sunshine
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simontay78
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:25 am |
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| Heavy Crude |
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Joined: Mon May 01, 2006 12:00 am
Posts: 197
Location: SG
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frankthetank
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:30 am |
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Joined: Thu Sep 16, 2004 12:00 am
Posts: 5846
Location: Southwest WI
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HOLY $Hit .
We're back!!
_________________
Don't take home the fattest girl in the club, it'll affect your gas mileage...
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Valdemar
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:34 am |
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Joined: Wed Mar 28, 2007 12:00 am
Posts: 355
Location: Cambs., UK
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A SECOND trade limit reached.
_________________
"Nothing survives. Not your parents. Not your children. Not even stars."
-Pinbacker, Sunshine
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smallpoxgirl
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:35 am |
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Joined: Mon Nov 08, 2004 1:00 am
Posts: 7742
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$130.00
Houston, we have a problem!
_________________
"We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
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Forney2008
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:36 am |
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Joined: Wed Apr 16, 2008 12:00 am
Posts: 126
Location: Western PA, USA
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I had a feeling that there would be one giant short-covering rally in oil as the oil price slide was in overshoot in the down direction and is only now correcting back to it's true value again. I bet many hedge funds who bet the wrong way with oil will get slaughtered by this move here.
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UncoveringTruths
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:38 am |
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Joined: Thu Nov 04, 2004 1:00 am
Posts: 920
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smallpoxgirl wrote: $130.00
Houston, we have a problem!
Houston can't hear you... Hurricane and all..
_________________
It's a cold cold world when a man has to pawn his shoes.
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eXpat
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:38 am |
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Joined: Thu Jun 08, 2006 12:00 am
Posts: 1677
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We will be back to $147 in not time, if things go this way.
_________________
Humpty Dumpty sat on a wall,
Humpty Dumpty had a great fall.
All the king's horses,
And all the king's men,
Couldn't put Humpty together again.
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Chuckmak
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Post subject: Re: Another Record ($147.27) Posted: Mon Sep 22, 2008 11:40 am |
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Joined: Sat Mar 19, 2005 1:00 am
Posts: 1047
Location: Bridge City
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smallpoxgirl wrote: $130.00
Houston, we have a problem!
SWEET!!!
_________________
"if god doesn't exist, it is necessary that we invent him" - Voltaire
"they say prescott bush funded hitler" - Nas
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