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G. L. Turner » Comments » SCO

  • Time to Short Oil? [View article]
    as 'untrusting' says: "But as has been pointed out by numerous authors .... when you have Goldman Sachs and 2% of the traders (High Frequency Traders, quants, algos) trading between 50-70% of the entire daily volume on the market, you get that disconnect."

    Yep, ole Gov Sachs has become quite adept at leader alot of sheeple into these rallies, most of them their clients, and then taking a short position for their "in-house" positions...raking it ina fter getting the fees for placing thier clients in the mix...

    Oh well, another day at teh office for the Greed Meisters, as the rest of the world burns.

    My next question is this - Does Exxon and Conoco call up ole Lloyd and ask if they can up their refining capacity or should they lower it and for how long? The RBOB up and down, in the face of fundamentals that suggest it should be around $1.55, is quite a hoax at best. Some sheeple are going to get creamed better on these rallies....again!
    Jul 24 00:37 am |Rating: 0 0 |Link to Comment
  • Crack Spreads for the Masses [View article]
    Another way for the sheeple to get hook by the 'powers of greed'.

    All this at the expense of the real hedgers who need the oil futures markets, but can't make heads and tells of it, with the current ignoring of fundmentals by these "long" investment funds.

    And, all this adds up to higher energy prices for all, which stymies economic growth as it cripples recoveries...

    We need the "financial speculator" to get the hell out of the commodity markets and go play with stocks and bonds, where the fall out is not so damn globally devastating....
    Jul 22 22:19 pm |Rating: 0 -2 |Link to Comment
  • What Are Diesel Inventories Telling Us? [View article]
    NO PROBELM MAN, Supply and Demand are things of the past...

    Government Sachs and JPM have learned how to create their own oil/RBOB pricing rallies, gathering sheeple into their game, completely devoid to any relationship to the fundamentals.

    How do you think they made so much profit in 2Q....the price of oil and RBOB did not rise in a void, my freinds, nor did it rise because demand had picked up...except in 'your mind', if you bought into theri scam....
    Jul 22 22:10 pm |Rating: +2 0 |Link to Comment
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