Financials to Oil Ratio as a Bottom Indicator [View article]
This article is like saying the " The bottom will occur when the stock goes up" WORTHLESS ARTICLE.... It's common sense that if financials turn around the stock market will follow.. Same with Oil.. When oil has a significant drop, the market will go up... Not rocket science.... duh............
Thank you Dr.No for putting some folks in their place.... Contracts are being rolled over and oil is being bought at 5% and 7% margin accounts.. Why is their more contracts/paper than the actual commodity itself ???? Why are traders allowed to "Role Over" their contracts???? Why does the NYNEX set the price for OIL for the entire country when only 3% of the oil supply is traded on the NYNEX???? Speculation may not be the SOLE FACTOR in the oil crisis, however, it is a CONTRIBUTING FACTOR to the problem and our goverment has the means to so something about it and doesnt... Any relief at these prices can help families and small business... Shameless... :(
Hey, Congress, Speculators May Not Be the Bad Guys [View article]
Here we go with another blogger that has no idea what they are talking about and posts a SMALL fragment of the problem.. The fact of the matter is Speculation is a FACTOR in the oil crisis, but not the whole problem. However, our government will not admit speculation is even a contributing factor, therefore, will not do anything PROACTIVE about it.. Our government is either in denial or will not admit they have screwed up by not taking action sooner.. Its a lose lose situation and everyone and every business is paying the price.... Congress could take action on speculation and give some relief. Any relief at these levels CAN make a difference for families and small businesses... Shame on Congress...
Wall Street Breakfast: Must-Know News [View article]
Paulson and his boss BUSH will never admit they are wrong on Oil... Paulson is an absolute idiot to say Speculation isn't contributing to higher oil... Speculation may not be the SOLE FACTOR, but it is a cause for higher oil.. Our goverment should at least step and control that aspect of the problem..But, first they (GOVT) must admit there is a problem.
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Latest | Highest ratedWall Street Breakfast: Must-Know News [View article]
Financials to Oil Ratio as a Bottom Indicator [View article]
Still No Panic? [View article]
Recession Season - Cramer's Mad Money (7/7/08) [View article]
On Oil and Its Manipulation [View article]
Hey, Congress, Speculators May Not Be the Bad Guys [View article]
Wall Street Breakfast: Must-Know News [View article]