[Cashmere]

And just like that the losses of the 3 day dip have been erased.

Anybody want to admit to being credulous enough to buying short positions when oil was down to 135?

Like I wrote before - there are 100 visible reasons why oil will go up.

Can anybody name 5 reasons that oil will go down?

[Olle]

$this->bbcode_second_pass_quote('Cashmere', '
')Can anybody name 5 reasons that oil will go down?

[DantesPeak]

The pending collpase of mortgage giants, Fannie & Freddie, marks the beginning of the next wave of dollar debasement.

The first one started last November with a major change in Federal Reserve policies. The second one probably starts today as the government assumes trillions $s in mortgages, plus many trillions $ more in derivatives.

Due to these monetary/fiscal policies, eventually we will look back and see $145 as just a short stop on the way to a much higher price.

[TreeFarmer]

Here is the real question that people on here seem to dance around a bit. What is a good place in which to put money so that I can profit from the coming run-up in oil prices? Do I go for oil company stocks, oil service company stocks, natural gas stocks, maybe an ETF like symbol "OIL" or what?

TF

[Olle]

$this->bbcode_second_pass_quote('TreeFarmer', 'H')ere is the real question that people on here seem to dance around a bit. What is a good place in which to put money so that I can profit from the coming run-up in oil prices? Do I go for oil company stocks, oil service company stocks, natural gas stocks, maybe an ETF like symbol "OIL" or what?

TF

[Daniel_Plainview]

$this->bbcode_second_pass_quote('Olle', '')$this->bbcode_second_pass_quote('Cashmere', '
')
5. Is the EU/Iran-talks on nukes is successful

[americandream]

$this->bbcode_second_pass_quote('Olle', '')$this->bbcode_second_pass_quote('Cashmere', '
')Can anybody name 5 reasons that oil will go down?

[jlw61]

$this->bbcode_second_pass_quote('TreeFarmer', 'H')ere is the real question that people on here seem to dance around a bit. What is a good place in which to put money so that I can profit from the coming run-up in oil prices? Do I go for oil company stocks, oil service company stocks, natural gas stocks, maybe an ETF like symbol "OIL" or what?

TF

[mobil1]

Woah ! Speaking of currency debasement, gold just shot up from 950-960 in the last half-hour. It was 930 just over 24 hours ago and 920 48 hours ago.

Perhaps this is related to the news that gov't might have to take oer FRE and FNM and shareholders might get nohting. Will be interesting to see the stock market reaction today.

I see gold goes up at 8:00-8:30 EST or so last few days.

[Cashmere]

$this->bbcode_second_pass_quote('Olle', '')$this->bbcode_second_pass_quote('Cashmere', '
')Can anybody name 5 reasons that oil will go down?

[Olle]

$this->bbcode_second_pass_quote('Cashmere', '')$this->bbcode_second_pass_quote('Olle', '')$this->bbcode_second_pass_quote('Cashmere', '
')Can anybody name 5 reasons that oil will go down?

[TreeFarmer]

$this->bbcode_second_pass_quote('jlw61', '
')Now if I had read David Ramsey's book The Total Money Makeover 20 years ago and was sitting on a wad instead of my remaining debt which is being paid ASAP, I'd do what most investment people say.

32% in cash equivalents (metal, stocks, bonds, etc)
32% in low to moderate risk
32% in moderate to higher risk vehicles
4% hidden in the mattress (my addition to the mix)

[SoylentGreen]

Odds of Iran getting a serious kosher/US Air power spanking with a USN bitchslap on the side is 99.444% before October.We will see new record highs before we'll see oil under $130.

[emailking]

$this->bbcode_second_pass_quote('Cashmere', '
')
1. Economic recession
Already going on.

2. New capacity coming on line
Nothing can come on line to offset current declines - not even those that are postulated already.


3. Every new car bought uses less fuel than the one scraped
Not quickly enough. Only a few non-hydrid U.S. cars currently made get more than 35 MPG - too late.


4. If there is no strike in Brazil.
The non-incidence of bad things is Bearish? Seems a bit empty.


5. Is the EU/Iran-talks on nukes is successful.
?

Like I said, nothing on the horizon is bearish.

[CoachT]

*********Comming Soon*********

No only will oil drop below $130, it will drop below $100.

Have a nice weekend.
Coach T

[emersonbiggins]

$this->bbcode_second_pass_quote('CoachT', '*')********Comming Soon*********

No only will oil drop below $130, it will drop below $100.

Have a nice weekend.
Coach T

[Peepers]

As a hopeless energy geek, I occasionally check in at NYMEX to see what the WTI futures are doing. In recent weeks, I've noticed that the March 2009 contracts seem to be consistently higher than all of the other contracts available.

I get it that oil prices will keep trending upward, but why that month for a near-term peak price? Anyone got any theories why that month is so popular among traders?

[SoylentGreen]

Some folks just cant get it through thier craniums fossil fuels isnt a renewable/recyclable resource.

[Serial_Worrier]

I refuse to accept this.

[Peepers]

SoylentGreen, was that in response to my question? I hope not, as I've been peak oil aware for several years now.

Yet my question still stands unanswered........