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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 13, 2011 16:30
Yeah, we them stacking up at Falmouth sometimes when prices are high side
cat0nip
Germany
Posted Anonymously
13 years ago
Apr 13, 2011 16:26
nothing new ... about 5 days of crude consumption are stored in tankers waiting to unload.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 13, 2011 14:44
@Nor, thanks for posting that oil link. Interesting !
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 13, 2011 14:42
US stock indices internals yesterday alerted that the move down was not serious. Now we chop back to risk appetite again for the opening session
deas42
Illinois, United States
Posts: 2
13 years ago
Apr 13, 2011 12:51
Hi friends!
I've met Anna Monti on the web and her Forex Freebot. I find this stuff interesting for newcomers. Just for notice :)
cat0nip
Germany
Posted Anonymously
13 years ago
Apr 13, 2011 8:56
if it doesn't help you in a 100 yr frame why should it be helpful in a 1 yr frame ( for logicians:
a sorites ). Do you think GS JPM...and the Russian oil mafia gives a cent on charts?
Oil trade is nothing but fraud. So is silver gold copper... S&P... and now, fx. One can only do trend follow trades.
Machiavelli
Posts: 113
13 years ago
Apr 13, 2011 8:51
So looking at a 100+ yr chart, we realize oil is very cheap today. How's that gonna help me trade today? Or this year? 'Cause I don't intend to wait a 100 years to get the price of oil 'right'.
Nor
Lemberg, Canada
Posts: 249
13 years ago
Apr 13, 2011 4:36
http://www.econmatters.com/2011/03/no-more-storage-in-cushing-wti-will-be.html
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 12, 2011 20:58
And I think your argument is flawed not taking account of production costs across the ages. Technology can make production much cheaper.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Apr 12, 2011 20:52
I seem to remember a few months ago Opec stated they were proftable and happy with c.$75/80 per barrel. Not sure how that equates to the lower usd since then.