long_on_oil

Wall Street Breakfast: Must-Know News

If the so called experts don't have a clue as to what to do how in the heck is a candidate with 143 days experience in the US Senate going to fix this mess. Wake up people the closer Obama gets to the presidency the more the markets fall. The market was at an all time high and everything was going great until the democrats promised to lower gas prices and change things 2 years ago.
Well we are now enjoying the results of the change. Lower gas prices - yes, country close to bankruptcy was the price we paid.
We are focusing on electing the president and we should be focusing on throwing the democrats out of congress.

Wall Street Breakfast: Must-Know News

It all boils down to market cap. If a company has 1 billion shares at $10 each it has a $10 billion market cap. If someone sell one share at $9 the entire market cap drops $1billion. This insanity is creating just that. If all of us would hold our shares and not be willing to sell at these low prices this thing would turn around. Don't let the shorts borrow your shares because when you do you are financing your own destruction.
If that same company mentioned above had one share trade at $11 the market cap would increase $1billion (if only for an instant).
The bad thing is when you sell and take the cash you are helping the government reduce the money supply by the amount of your loss. Good for the government ...bad for you. It sure controls inflation. Heck, we can buy shares now at 1980's prices. How's that for controlling inflation.