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by Ashraf Laidi
Posted: Nov 19, 2009 21:57
Comments: 315
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This thread was started in response to the Article:

Oil Weakness May Intensify

Oil sluggishness may risk turning into a faster selloff, especially as the fuel fails to gain on recent USD losses.
 
Davidau35
Hong Kong
Posted Anonymously
15 years ago
Jan 6, 2010 17:17
I cant believe that there are kateks for oil at 83!!!
Davidau35
Hong Kong
Posted Anonymously
15 years ago
Jan 6, 2010 17:12
With so much printing of money, oil up, coal up, gold up, wheat up!!! What more u need to analyse?
Hedgie
Scunthorpe, UK
Posts: 16
15 years ago
Jan 6, 2010 16:48
WTI breaks 83 now...Asad you short yet?
chloethebull
Canada
Posted Anonymously
15 years ago
Jan 6, 2010 16:31
can some1 please explain why crude is moving up instead of droping off ..very frustrating..thanks
asad
London, UK
Posted Anonymously
15 years ago
Jan 4, 2010 20:48
Davidau,

WHY would you address someone w/ words like 'fool' in your first post? Respect, please!

Oil, being a market, could go either way...and someone else could end up being a fool. So careful w/ your comments...


Asad
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 4, 2010 19:24
chloe, if oil closes the week above the 100-week MA of 80.30 this week (it looks like it will) then we could be looking at 90.

Ashraf
Davidau35
Hong Kong
Posted Anonymously
15 years ago
Jan 4, 2010 16:05
U are a fool to short oil at 81.35!! At the rate Bernanke is printing the rubbish currency, oil will rocker to 94.55!!
chloethebull
Canada
Posted Anonymously
15 years ago
Jan 4, 2010 15:59
hi ashraf,i was looking to short crude can i get your thoughts on that(81.35)...thank you
WM
toronto, Canada
Posts: 11
15 years ago
Dec 31, 2009 15:10
Asad,

Any attack by the U.S. or Israel while these demonstrations are going on, or within the next month or so, would help the Iran government immensely. The propaganda value they would gain by portraying the anti-government demonstrators as traitors would be immense. Iranians are proudly nationalistic and the anti's demonstrations would cease. Tyranny would win out.

Better to let this latest round of demonstrations peter out on their own, with massive government brutality as we are witnessing, putting the government in a worse geo-political position. Even the Russians and the Chinese could not publicly support the Iranian government's actions (privately yes).

Then an attack, if it were to come, would seem a little more justified.

I think you are correct that oil would spike much higher on news of an attack. In the meantime, how does one trade oil with fundamentals set aside and an 'imminent' attack that may not come for quite some time?



said
mulhouse, France
Posts: 2822
15 years ago
Dec 31, 2009 14:30
eh asad
meanwhile irak and syria are getti in the equation there is the song "cachito cachito para gozar"

its new year eve, FROUM, lets have some fun.