[PeakingAroundtheCorner]

Oil Falls on Weak Demand Report

Oil plunged by the highest percentage in 17 years today.

[Utopia]

It seems price drops $4 it's a plunge and a new trend.

Price goes up $4 it's speculation and non-sustainable.

Price goes down, we can't figure out why and go silent, Media goes crazy.
Price goes up We go crazy, media goes silent.

Though we have had a lot more of media silence than our being silent

[BigTex]

$this->bbcode_second_pass_quote('PeakingAroundtheCorner', '[')url=http://biz.yahoo.com/ap/080319/oil_prices.html]Oil Falls on Weak Demand Report[/url]

Oil plunged by the highest percentage in 17 years today.

[heroineworshipper]

Maybe it's because everyone's shifting the money to Morgan Stanley, JP Morgan, Lehman Brothers, Toll brothers, & Goldman Sacks. Everyone wants a piece of the next bailout. If executives don't get their pyramids, we all suffer.

[steam_cannon]

$this->bbcode_second_pass_quote('', 'R')e: It sure did get quiet in here all of a sudden

[Heineken]

Gold and silver are also down massively.

And the dollar is stronger.

Makes no sense on the back of a .75-point interest-rate cut, does it?

Traders seem to use such Fed moves as inflection points to take profits.

The stock market is down too---I guess they're taking profits from yesterday's runup.

But the trends are going to continue, I think. The same trends we've been seeing will just continue on, since nothing has really gotten better; in fact, conditions are even worse.

[Utopia]

$this->bbcode_second_pass_quote('Heineken', '
')Makes no sense on the back of a .75-point interest-rate cut, does it?

[BigTex]

$this->bbcode_second_pass_quote('Heineken', 'G')old and silver are also down massively.

And the dollar is stronger.

Makes no sense on the back of a .75-point interest-rate cut, does it?

Traders seem to use such Fed moves as inflection points to take profits.

The stock market is down too---I guess they're taking profits from yesterday's runup.

But the trends are going to continue, I think. The same trends we've been seeing will just continue on, since nothing has really gotten better; in fact, conditions are even worse.

[smallpoxgirl]

Makes sense that oil prices are going to undulate. Price spike leads to demand reduction leads to transient price drop. I've been waiting for a sustained drop since $40 a barrel. Hasn't happened yet.

The precipitous drop in metals is pretty mysterious to me, as is the dramatic rebound in Lehman Brothers stock. It was down to about 20 on Monday and is now back up in the 40's.

[threadbear]

Institutional investors and hedge funds, may be liquidating commodities and gold to cover paper losses.

Also, a tip of the hat to deflationists who have called for an across the board drop in commodity prices if recession begins to go global. They may be right, we may end up with a '30's style depression, rather than a 70's style stagflation. I kind of doubt it, but it's worth considering.

[americandream]

$this->bbcode_second_pass_quote('Heineken', 'G')old and silver are also down massively.

And the dollar is stronger.

Makes no sense on the back of a .75-point interest-rate cut, does it?

Traders seem to use such Fed moves as inflection points to take profits.

The stock market is down too---I guess they're taking profits from yesterday's runup.

But the trends are going to continue, I think. The same trends we've been seeing will just continue on, since nothing has really gotten better; in fact, conditions are even worse.

[Ferretlover]

When I think it should drop, it goes up and visa versa...
I wonder... Could I be a Dsylexic Investor?

[JFT]

$this->bbcode_second_pass_quote('smallpoxgirl', 'M')akes sense that oil prices are going to undulate. Price spike leads to demand reduction leads to transient price drop. I've been waiting for a sustained drop since $40 a barrel. Hasn't happened yet.

The precipitous drop in metals is pretty mysterious to me, as is the dramatic rebound in Lehman Brothers stock. It was down to about 20 on Monday and is now back up in the 40's.

[americandream]

$this->bbcode_second_pass_quote('JFT', '')$this->bbcode_second_pass_quote('smallpoxgirl', 'M')akes sense that oil prices are going to undulate. Price spike leads to demand reduction leads to transient price drop. I've been waiting for a sustained drop since $40 a barrel. Hasn't happened yet.

The precipitous drop in metals is pretty mysterious to me, as is the dramatic rebound in Lehman Brothers stock. It was down to about 20 on Monday and is now back up in the 40's.

[americandream]

$this->bbcode_second_pass_quote('Ferretlover', 'W')hen I think it should drop, it goes up and visa versa...
I wonder... Could I be a Dsylexic Investor?

[JFT]

$this->bbcode_second_pass_quote('americandream', '')$this->bbcode_second_pass_quote('JFT', '')$this->bbcode_second_pass_quote('smallpoxgirl', 'M')akes sense that oil prices are going to undulate. Price spike leads to demand reduction leads to transient price drop. I've been waiting for a sustained drop since $40 a barrel. Hasn't happened yet.

The precipitous drop in metals is pretty mysterious to me, as is the dramatic rebound in Lehman Brothers stock. It was down to about 20 on Monday and is now back up in the 40's.

[threadbear]

$this->bbcode_second_pass_quote('Ferretlover', 'W')hen I think it should drop, it goes up and visa versa...
I wonder... Could I be a Dsylexic Investor?

[MacG]

I suspect massive I-N-T-E-R-V-E-N-T-I-O-N-S from central banks and money centers are ongoing. The stakes are extremely high and all actors will do absolutely everything they can to try to bitchslap the system to behave. Behind closed doors of course.

[JFT]

This is looking more and more as a case of simple drug addiction: the junkie needs bigger and bigger fixes to get high.

[Zardoz]

$this->bbcode_second_pass_quote('smallpoxgirl', '.')..The precipitous drop in metals is pretty mysterious to me...