OT Early Morning Prediction

Just a possible guess.. who knows...

Stocks surge today on news that Saudis intend to pump 200 to 500 k extra a day...

However... the news will be short lived... opec and big oil will find a way to continue the rape...

Reply to
Don't Taze Me, Bro!
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Thanks, Nostradamus. I'm looking forward to your appearance on CNBC later today.

Reply to
beerspill

The US should start to pump 2,000,000 barrels a day, into the American oil market, from the Reserve to dampen the futures market and make the commodities traders lose some big bucks for a while

Reply to
Mike hunt

I wouldn't want to have a lot of money tied up in oil right now.

Reply to
dbu

Why not? The price went up again today.

Reply to
Hachiroku

Don't quit your day job.

Reply to
badgolferman

Don't worry. My day job keeps people like you alive. I would not keep you from having life.

Reply to
Don't Taze Me, Bro!

Between the Saudis, George Soros, and possibly other entities, no doubt we'll see manipulation in one direction or another leading up to the elections.

Bill Putney (To reply by e-mail, replace the last letter of the alphabet in my address with the letter 'x')

Reply to
Bill Putney

Don't ask him to explain and then discredit him before he has a chance to answer. Soros has been running his mouth about the oil bubble for the past 6 months and creating all kinds of panic, chaos, and conspiracies.

Reply to
Don't Taze Me, Bro!

I wouldn't count on that.

You can access the BBC via streaming...

Reply to
Hachiroku +O+A+m+/

Do a google search using the words

great britain "special relationship"

...using quotation marks as shown. This goes way back in history, something you've never read. We and the British have a habit of giving each other the benefit of the doubt sometimes to ill effect. To an extent, it's because they're probably the best ally we have when it comes to spy work, which certainly has value. But, they obviously follow us into toilets like Iraq when they would've been better off not to.

Reply to
JoeSpareBedroom

Could explain how George Soros has influence over oil prices? Try to stay within the bounds of rationality.

=========================

Actually, he's right about Soros, but he probably doesn't know why. Hedge funds aren't exactly guilty of manipulating oil prices any more than you & I are guilty of manipulating the price of a stock we buy. But, the hedge funds

*do* play in the oil futures markets with huge sums of money, and they need price movement in order to make profits, just as with stocks.

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Reply to
JoeSpareBedroom

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