U.S. OIL FUND ETF (USO)

All Comments on USO

  • commenter
    cjct
    Oct 10 04:34 AM
    Roger Wiegand: Oil to Reach New Highs by Year-End [view article]
    Is this man serious...no really...is he serious??? He even admits that the US might endure a severe recession/depression that drags down emerging markets in Asia, but then says oil demand will continue to rise regardless of economic growth...It's people just like this who blindly hold to a idea (like the notion that housing could never fall) and allow themselves to lever 30:1 and collapse the banking system. I can't believe this person actually sucks up oxygen that the rest of us in America need. THIS MAN NEEDS TO GO!

    Riddle me this BATMAN? If all of these hedge funds are going under and are being forced to sell their oil positions...then who pray tell will be going long crude oil when the dust settles? I-banks...whoops none of them left; pension funds...i think they've learned their lesson...who...i repeat...who will be in a position to build long positions in an environment of global deleveraging and asset deflation.

    Sure the US and RoW are printing money like mad to try to re-inflate the sytem, but as we exist in a fractional-reserve banking system this really isn't creating inflation because the banks aren't lending.

    Once again, this man is sick...I could see how you could argue for 100/bbl by year's end, BUT 157/bbl...It's almost like some analysts get paid based on the degree of ridiculousness in their reports. I challenge this man to put his entire net worth in January 140 call options on WTI crude oil. If he's right he makes out like a bandit and if he's wrong (but wait he shouldn't because the system can collapse and oil demand will never go down!) then he loses everything and we can stop wasting our time clicking on links to his interviews.     Reply
  • commenter
    homer II
    Oct 10 03:24 AM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    Hey Ben Dinsmore...

    Why do you feel sorry for folks who are already in retirement? We don't have to sweat a paycheck like you do. Most of us have executed our plan with sufficient income and safely invested nesteggs so we don't take big risks in equities or commodities like folks your age do. I'm sleeping very well the last couple of weeks.

    However, I do agree with your feeling for those who are (were) getting close to retiring. Their schedule will probably be delayed some.     Reply
  • commenter
    Realsit
    Oct 10 12:39 AM
    Is Oil Demand Falling Off a Cliff? [view article]
    Cutting back in oil consumption here in America can only go so far. Are we hitch hiking to work or are we all car pooling with are co-workers who live across town? It seems far fetched to me. Did we suddenly create a new liquid energy to fuel the transport sector? I'm still eating food produced with oil-based fertilizers, tilled with tractors, and hauled across America in trucks. And no, it's not feasible for the average person to grow their own food. Reply
  • commenter
    zztop
    Oct 10 12:02 AM
    Is Oil Demand Falling Off a Cliff? [view article]
    Southeast US appears to be transport infrastructure problem. Supply exists, just cannot be conveyed to that market. Reply
  • commenter
    zztop
    Oct 09 11:57 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    SocialismCantCompete -

    Can you keep your rants under 6 paragraphs? You're using up all the oxygen in these threads.

    Also, "free market" market is not the same as "free association". Back up your statements.     Reply
  • commenter
    Trader Vic
    Oct 09 10:18 PM
    Wednesday Outlook: Commodities, Emerging Markets [view article]
    "You are FORCED TO READ THIS STUFF TO KNOW WHAT THE TECH HERD IS THINKING?
    I hate playing-the-players because I should be working full time doing bottom-up research. But I can not do that."

    Vancan: Take your meds. Get back to your bottom up research and stop this pathetic drivel.     Reply
  • commenter
    GreenestEgg
    Oct 09 08:46 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Curbs-in,
    We have seen this leverage game before. They called it the roaring twenties. The only difference was in the aftermath the Fed contracted the money supply by 1/3, whereas Ben is doing his best to flood the market with moolah. Real estate and commodity bubbles are sprinkled throughout history. Every generation gets one or two, which is why the old folks put it in bonds.     Reply
  • commenter
    Witfal
    Oct 09 08:13 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Don Harrold called for a bottom of between 7500 and 8700 one year ago. That's not a typo: One year ago. Remember where the DJI was then? Reply
  • commenter
    Sr. EM
    Oct 09 07:43 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Jim is clown. After being a mega bull for the last few years he is now saying the Dow will go down after a 40% drop... Stupid. Reply
  • commenter
    Curbs-In
    Oct 09 07:34 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    "Capitulation?&qu...

    You are kidding me, right? There are NO, and I repeat NO models for what is going down right now. The United States in particular and the world, in general, has never leveraged itself 20-30 years in the future using a bubble economy for capital. To make it worse, the leverage was negotiated through the economic system as an "investment" instrument, thereby multiplying...

    Capitulation... We've only seen a couple of the many shoes that may drop...

    BS, BS, BS... That stock is +1000 points today and +9000 this month.

    PS: Looks like Cramer's previous prediction and my response were both wrong. Cramer thought the Dow would go 8700 next year. Earlier this week I responded by saying that the Dow would hit 8700 next week. I guess we were both wrong.     Reply
  • commenter
    Alex
    Sebastian
    Oct 09 07:12 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Hmm, well that's only 279 points off now... Cramer called bottom when July 15, when the Dow touched 10,500. Then he tried to limit his call to the financial stocks. Well XLF has recently dropped below its July 15th low. So he's wrong again. I would like it more if he said, "Look I called bottom here, I was wrong, here's where I see the next bottom". There's nothing wrong with being wrong, just admit to it...

    This time I believe him a little more though, we HAVE to be getting close. How long can the VIX stay above 50? I actually see the Dow above 9,000 this time next year. I mean the stockmarket is down 40% on a fears of a recession. Isn't the cost of a recession already priced in? 40% is A LOT. Are companies earnings going to be beat worse than that? I doubt it. That's global depression-like numbers. I am going long this tomorrow at close if we see another big dive..

    If MS makes it to the 14th, there is going to be one hell of a short squeeze (that's when the deal closes for their Japanese financing)...     Reply
  • commenter
    nofactor
    Oct 09 06:04 PM
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    i'm still learning how to surf such big waves Reply
  • commenter
    SmartStops
    Oct 09 05:59 PM
    My Website
    Cramer: Dow Could Drop Another 14%, Oil's Going to $50 [view article]
    Let this experience teach all investors - ALWAYS have a Protective Exit Strategy in place when you invest. One that is intelligent and continually adjusting to the stock's behavior and overall market conditions. Don't invest without one. Stop thinking that all it takes is diversification and asset allocation and rebalancing as your risk management strategies. There's something much better and better protecting. Reply
  • commenter
    paultaut
    Oct 09 05:56 PM
    Oil Breaks Down Again [view article]
    Oil definitely punched through on Thursday, Where it goes, I do not have a clue.

    The DOW has reached my 39.8% decline, I had expected the S&P to hit 800 and the Russell 550, Where they stop is a mystery also.

    What is necessary is a heavy volume intraday reversal, I hope that occurs tomorrow because I would hate to see two days of stewing over the weekend.     Reply
  • commenter
    mangolfer
    Oct 09 05:44 PM
    Is Oil Demand Falling Off a Cliff? [view article]
    Does anybody know somebody using more oil nowdays? Everybody everwhere is cutting back, it's not brain surgery to figure that out..... Reply
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