mangolfer

How To Save the Big 3 Automakers

Good article. When the Northwest Airlines was near collapse, a 25% paycut was forced on most all the unions, pilots, mechanics, etc. This needs to happen for cars. Management needs to feel the pain too.

Forget $100 a Barrel - Oil Will Plummet to $30

To sopocistudio:, Never been in oil before. I started shorting oil mid July though ETF's. I got lucky and stopped listening to media BS and looked at the obvious. I did not know of anybody not trying to use less fuel.... Also looked at bubbles in other industries that burst.

Forget $100 a Barrel - Oil Will Plummet to $30

Great article..... Yes, oil will go back up, but it won't be the bubble next time. All the suckers jumped in based on talking heads that were long or media BS. Anybody that is long oil, look at your own use, have you cut back with prices ridiculously high? Everybody I know has cut back and I keep hearing demand or demand rates are decreasing around the world . PS I'm short oil too.

Forget $100 a Barrel - Oil Will Plummet to $30

PS inventory and supply down? Of course, who wants alot inventory when demand is shrinking with higher costs....

Forget $100 a Barrel - Oil Will Plummet to $30

Alot of "long oil" comments here. I vote short oil, (been making a ton of money since early July) support at $100, break thru that and who knows where the bottom is.....