Kunst

Cramer's Stop Trading! This Is One of the Greatest Rallies in History (3/27/09)

Isn't it great that Cramer has a crystal ball that can foretell the future? Too bad he just found it.

The Triple Play: Oil Addicts, The Credit Crunch and Deflation

36 model: "We could be independent of foriegn oil if allowed to drill in ANWR and off both coasts."

Let's see, that means we could roughly quadruple our production, producing about as much as Saudi Arabia and Russia combined. You are completely out of touch with reality.

Oil's Bull Now Double the Average in Gains and Length

Yep. Buy low, sell high. Which do you think we have now?

Goldman's $200 Oil Call and the Hurricane Premium Theory

Gas is $3.50 a gallon, pulling money out of people's pockets by the handful. Consumers are already stretched. Econ 101: consumption will decrease, causing prices to decrease. Combine that with slowing economic growth, lower employment, very worried consumers hunkering down for an economic storm -- what to you get? Pop goes the bubble, the oil bubble. This run-up is being driven by greater fools, convinced that it can only go up, up, up. Long-term, yes. Short-term, no. I expect a sharp drop in oil prices in the relatively near (days, weeks, few months) future.