U.S. OIL FUND ETF (USO)

All Comments on USO

  • commenter
    Oct 06 03:07 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Wow what a prediction. I always like Cramer because he says what he thinks. He is not always right but at least he goes on the limb.
    Reply
  • commenter
    Oct 06 03:03 PM
    Carbon ETN Outpaces Oil and Natural Gas ETFs [view article]
    I can't get excited about carbon credits as a way to limit global warming. You allow many companies to continue dumping massive amounts of CO2 into the atmosphere as long as they have carbon credits. Also, the other side of the trade is ripe for "creative" ways to limit carbon that are hoaxes like saving the rain forest when it should have been saved for other reasons. Plus, you have the people and capital overhead of the carbon trade market that would be better used in technology development. And, you have the illusion of progress which will take the pressure off finding real solutions through technology development.

    I much prefer to charge ahead directly with alternate energy development, and make them cost competitive to put the carbon dirty energy sources out of business. That is the real, direct solution to global warming. I like this direct solution more than the indirect solution of carbon credits.
    Reply
  • commenter
    Oct 06 03:00 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Inflation is no longer the enemy. Deflation is here and here to stay for a while. Is there a single economy which will benefit from a combination of falling consumer demand in the US and EU and falling prices for commodities? The EU and US economies are all over-leveraged and still have credit losses and housing corrections to work through. Under such a scenario China and India have excess capacity for manufacturing (China) and outsourced professional labor (India.) Brazil, Russia, Venezuela, the gulf states and Australia are all commodity producers who will also take serious hits. During a period of global deleveraging and a crisis of confidence investors will run to the reserve currency which is currently the USD and potentially to gold. The issue with gold as a hedge at this point is that it serves no economic purpose and is typically an inflation hedge, one which may not hold up during a deflationary period. Whether through dumb luck or a nefarious conspiracy the US seems destined to keep its position at the top of the hill in the short to intermediate term simply because there are no cash rich buyers in this overleveraged and highly intertwined global economy. Reply
  • commenter
    Oct 06 02:44 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Yes indeed, inflation and a weaker dollar are still on the horizon. Oil may go to $50 (though I doubt it), but the long term trend is to $200 and possibly beyond. Reply
  • commenter
    Oct 06 02:43 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    It is interesting you mentioned oil going to $50 dollars..One of the members of Myinvestorsplace.com sent me a chat that Richard Rainwater has started buying oil again... he bought at $14 in 1998 ...watched it go to $10.00 ...then to the $140s.. maybe he is right..who do you really believe Cramer or Rainwater??? Reply
  • commenter
    Oct 06 02:40 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    few comments on seeking alpha mean market my be in bottom range. banks are short option premiums. they have to sell and hedge. nobody else. retail got blown out already. now the talking head professionals on tv are scared. so can we buy stocks on alternative energy when their customers are still not having problems getting financing. if house prices keep falling it does not mean crap . not everyone is leveraged to the moon. easy to say oil 50. but when oil was 58 solars were hot. inflation is still on horizon Reply
  • commenter
    Oct 06 02:34 PM
    Wall Street Breakfast: Must-Know News [view article]
    Reaganomics is dead.......It is not possible to borrow and spend you way to prosperity. Reply
  • commenter
    Oct 06 01:36 PM
    Wall Street Breakfast: Must-Know News [view article]
    Hey Wrong in Gay town....show me the 94 votes that increased your taxes 94 times. You can't because it's not true! Reply
  • commenter
    Oct 06 01:34 PM
    Wall Street Breakfast: Must-Know News [view article]
    I have a question, is there something new in the market place that promotes the formation of 'bubbles" in sectors of the economy?
    Recent examples, current housing deflation and the Dot.com bubble.
    What is the underlying cause and can a check be built into our system to suppress there formation to prevent a future collapses of our whole economy system? Really all the same question.
    Reply
  • commenter
    Oct 06 12:57 PM
    My Website
    Transportation Sector May Be Overly 'Clobbered' [view article]
    Overly clobbered or just correcting to where it should be? First, the Dow Transport Average is a poor proxy for the transportation sector. It consists of just 20 cherry picked transport companies. If you look at a broader snapshot of the sector, the DJT has been providing an overly rosy outlook of what the sector is really doing.

    According to Dow Theory, a trend is confirmed when both the Industrials and Transports move in the same direction. Dow Transports had been holding up artificially well compared to the Industrials and now that inequity is being addressed as those who have been holding these stocks realize that a rally isn't just around the corner as value analysts have been trying to convince us since this correction began...

    Am putting together an article to explain this which I will post on SeekingAlpha called DJ Transportation Average Disconnect ...
    Cheers,
    Matt
    Reply
  • commenter
    Oct 06 12:39 PM
    Carbon ETN Outpaces Oil and Natural Gas ETFs [view article]
    Don't forget about the Mileage Credits Car makers used for years to make it look like they were meeting Mileage Standards. Or similar Carbon credits sold in the 70's which were bought by Coal Plants as they spewed CO2 into the air but met environmental standards. Reply
  • commenter
    Oct 06 12:35 PM
    My Website
    Oil Breaks Down Again [view article]
    I'll start buying when it gets to $80. Reply
  • Wall Street Breakfast: Must-Know News [view article]
    Two big uncertanties:
    1. How bad will the financial pain be of the US consumer and government getting off of it's credit card addiction? Probably long and painful.
    2. How bad will Obama be for the economy, with higher taxes (94 votes are a better indicator than a campaign promise), a trillion dollars of new spending commitments, and an energy policy against nuclear, oil, and coal - which make up over 90% of our current power generation? More painful, but probably only four years.
    Reply
  • commenter
    Oct 06 11:20 AM
    7 Rules For Investing During the Fourth Quarter [view article]
    If people haven't read Kathy Lien's article on the current global currency issues, that should be rule number one here. We are looking to go to 100 USD/JPY--- It's going to get ugly! And the Euro.. I don't even want to take about the Euro

    www.greenfaucet.com/bl...
    Reply
  • commenter
    Oct 06 10:23 AM
    Wall Street Breakfast: Must-Know News [view article]
    The $700B bailout is only window dressing. The day before the House voted down the Paulson plan, the Fed transferred $845 B to European banks and other financials. Grant’s Interest Rate Observer said that Reserve Bank credit surged by $203.6 billion, to $1.135 trillion, in the banking week ended Sept. 24. And Merrill Lynch’s guess is it has soared to $1.730 trillion in only the past few days, a near doubling since May 2007

    The government is using a business model straight from hell, loaning out funds at 2%, while borrowing from foreign governments at 5%. Worse, much of the money to do these actions is being created out of thin air. A clerk can enter a few keystrokes on a computer and a $Billion, or $100Billion, appears.

    The value of the dollar will fall, must fall, as the powers that be debase the dollar at a never-before-seen clip. "Investors" who are not buying gold will be hammered when the logical consequences of this policy occurs. You'd best have your seatbelt fastened, but gold is your 'airbag'.
    Reply