User 143167

Options Trader: Monday Outlook

Gunslinger, it is not a prediction, but a FACT that Russian Energy Ministry implied that that country's oil production peaked.
You are right that there will be more oil to be drilled out if the oil prices keep going up. However, that doesn't mean the oil price will go down, because the marginal drilling costs have also risen at the same pace of the oil price.

Options Trader: Monday Outlook

It could be a scam in oil trading, but you should also notice that Russia's oil output is starting to wane down and this world's oil production's very likely peaked in 2007 and may only go down from now. You can always argue that American consumption is going down, but how about global consumption?
And you call a bottom in the equities day in and day out. How come are you so optimistic if I agree with IMF's chilling predictions?
For the "surprising" retail number, I saw nothing else beside inflation. So be prepared for a HUGE CPI number on Wedenesday, but what's new?