U.S. OIL FUND ETF (USO)

All Comments on USO

  • commenter
    Oct 06 09:36 AM
    The Professor Of Commodities: Interview with James Doran (Part II) [view article]
    It's not easy to be a professor in this forum, as I initially found out, but it soon became easy for me because I don't write or talk about things that I don't know more about than most people. Aside from that, it is certainly possible that Professor Doran knows more than I do about finance, because my interest in that topic has slackened, but as for oil and gas, 'he could have stood in bed', as somebody said.

    The basic problem is this: energy economics is still being taught by the wrong people, despite the fact that everybody has found out about the importance of this topic.

    Professor Ferdinand E. Banks (Fred)
    Reply
  • commenter
    Oct 06 09:22 AM
    Wall Street Breakfast: Must-Know News [view article]
    Is there anyone who thinks the consumer will ever be taken off life support? Does fascism produce laptops and Lamborghini's? Isn't deflation and inflation one of the main themes in the central bankers methodology? Having to adapt and survive just means that you are still breathing. Reply
  • commenter
    Oct 06 09:03 AM
    Wall Street Breakfast: Must-Know News [view article]
    America as we knew it will never be the same again, thanks to our Government. All this mess has been CREATED BY LEGISLATION.

    Elections are within a month, and I'm predicting INCUMBENTS WILL BE REELECTED >90%!
    Ralph Nader on C-Span last nite made one of his most astute and honest comments, "Congress is laughing at the taxpayers --they think we are jokes easily manipulated, and neccessary only to perpetuate their FIEFDOMS". I can't disagree, and will be watching as INCUMBENTS WIN IN NOVEMBER.........and this time...
    IT'S ON WE THE VOTERS...........
    .WE KNOW BETTER YET LACK THE GUTS TO CHANGE!!!!!!!
    Reply
  • commenter
    Oct 06 08:49 AM
    Wall Street Breakfast: Must-Know News [view article]
    Citigroup and Wachovia the two ethical banks. So Wachovia made an agreement with Wells Fargo. No Problem, Managements in banks do not have to keep their word. Another reason to doubt the credibility of Wall Street and to realize, Agreements between Mnagements are just so much toilet paper.

    Reply
  • commenter
    Oct 06 08:47 AM
    Wall Street Breakfast: Must-Know News [view article]
    Most people just don't get the bailout bill. Some view it as a government bailout of rich wall street bankers,[NOT] Some view it as a desperate attemp to help main street. {some truth}. In my view, it is an attempt to provide the global big boys some time to exit the market in a reasonably orderly fashion. The market is being manipulated and has been for some time now. They need to keep it at reasonable levels until J. McCain is elected, so that they will still have some type of control. People who are in the market as long term investor"s are getting creamed and will be getting really creamed soon. This market is only for "traders". GOOD LUCK TO YOU ALL!
    Reply
  • commenter
    Oct 06 03:17 AM
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    the dollar is already up 15% from its lows; Banks need higher treasury values to be able to make money from the spread.

    Deflation is already in place, the dollar's strength exacerbates an already existent condition. Wealth destruction first in Housing and now an acceleration in the stock market's downturn with more than 50% of the population watching their 401K's deteriorate again. This is a Deflationary double whammy.

    A move toward inflation is needed and needed Now.

    Otherwise as our unemployment rate doubles, you can say "But we have a stronger Dollar". Our economy can't compete with a stronger dollar, hasn't been able to this century.
    Reply
  • commenter
    Oct 06 01:25 AM
    My Website
    Update: Crude Oil, Priced in Gold [view article]
    State capitalism is socialism you moron. And it is exactly the path the US is on unfortunately.
    But follow the Swedish model? Are you smoking something?
    Sweden is a small economy relative to the US and socialism is a failed experiment - one only has to look at Sweden to see this to be the case. The so called Swedish experiment took place in 1992 while the US economy (still the largest single economy in the world) was doing relatively well.
    If Sweden were a state in the US it would rank among the four poorest US states in terms of per capita prosperity. Socialism i.e. nationalizing companies, may seem like a good solution but it has had painful economic repercussions over the long haul.

    Great in theory for those looking for a quick fix but this is a really stupid idea and one only someone writing for the New York Times would consider seriously proposing!
    Reply
  • commenter
    Oct 06 01:10 AM
    My Website
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    You have only shown one side of the argument. The other side is that the string of bailouts pushes US deficits higher triggering a decline in foreign demand for US Treasuries (due to perception of increased risk in holding US dollar-denominated assets) and the offsetting requirement to push interest rates higher to sell enough Treasuries to fulfill monetary demands. This could push up interest rates significantly which would help bolster the US dollar but more importantly, has the potential to cause a deflationary spiral which could push oil well below $70/bbl as the recession compresses demand... Reply
  • commenter
    Oct 05 11:59 PM
    My Website
    7 Rules For Investing During the Fourth Quarter [view article]
    Let's see what the week brings. I am not sure what to expect: the sky is falling, yet commodities are heading lower (i.e. lower costs for companies), governments are responding (support for financial companies), a coordinated rate cut might be in the horizon, the financial sector is consolidating and we have elections in a few weeks. It feels like the glass is half full. It is always darkest before dawn. I hope we hit 10,000 this week to get over with it. Reply
  • commenter
    Oct 05 11:43 PM
    5 Reasons Why the $700B Bailout Could Translate to $250 Oil [view article]
    Prime + 3 month LIBOR = the adjustable rates on almost 100% of all debt outstanding.

    LIBOR 30 days ago around 2.8.
    LIBOR now about 4.3 and rising. It is the equivalent of a rise in the discount rate from 2.00 to 3.50 as it relates to consumer debt.

    Congress would dismantle the Fed if it tried to do it. But by keeping rates at present levels, it is exacerbating the Economic Crisis.
    Reply
  • commenter
    Oct 05 09:45 PM
    My Website
    House OKs Alternative Energy Incentives, $16B in Taxes on Oil Industry [view article]
    AAAARRRRGGGGHHHH!!!!!!... Reply
  • commenter
    Oct 05 09:45 PM
    My Website
    House OKs Alternative Energy Incentives, $16B in Taxes on Oil Industry [view article]
    hi Reply
  • commenter
    Oct 05 09:44 PM
    My Website
    House OKs Alternative Energy Incentives, $16B in Taxes on Oil Industry [view article]
    i am having a conversation Reply
  • commenter
    Oct 05 09:44 PM
    My Website
    House OKs Alternative Energy Incentives, $16B in Taxes on Oil Industry [view article]
    GOOOOSSSHHHDARRRNNITTT... Reply
  • commenter
    Oct 05 09:44 PM
    My Website
    House OKs Alternative Energy Incentives, $16B in Taxes on Oil Industry [view article]
    INSULT! Reply