ROLEX18K

Don't Expect Oil Prices to Break $50 Until Q2 - FirstEnergy Capital

I think in 2009 we will speak more about 20-30$ Oil than 50$, but market is the market, there is no free lunch and some major world event can take prices to 50-60$ in few days but in general the major trend is down.

OPEC Wants Less Speculation on Oil Futures

Of course OPEC wants regulation in Oil futures trading, then it will control the pit with the "boys" ( biggest Oil companies ).
If OPEC would not speculate and manipulate the price of Oil, I would support increased regulation in how many contracts individual trader or a commercial can trade, but it will never happen as in the end capitalist system is stronger ( richer ) than the OPEC's will and markets in futures will remain what they are, a place where fortunes are made and broken.
There will be some noise about increased regulation, but in the end lobbyist in financial trading will shut the congressmen's mouths and fill their pockets and life on the pits and trading floors will continue as it always does.

Contango: How It Affects Crude Oil ETFs and ETNs

Can you prove that USO invest in WTI using leverage?
I disagree with that, USO have exact correlation with the price of NYMEX Crude Oil. If they would use leverage they would have margin calls like hell, but they didn't since Oil went from 147$ to 35$.
It seems to me that you are better at writing than knowing the subject you pretend to be an expert on.

Using DBO, USO and OIL to Play Crude Oil

The best way to "play" Crude Oil contango, is to know exactly where Oil is heading, you can't make money buying front month and selling forward if you don't know what you are doing.
Because both months will go same way as spot Oil price.
On the opposite, if you sell front and buy forward for more, what can happen that the front month will go much up and forward month will stay about the same with smaller deviation that spot price.
To put it simple, if you don't know where Oil is heading you can't profit from contango as conditions can suddenly change.
I find it easier to buy/sell Oil futures for small difference of 10 cents
(100$) make tens of trades a day and don't think where Oil goes.
Thinking too much makes the head heavy.

In Favor of a Slicker Currency

I couldn't find preffered stock class "A" for HSBC bank for 17$, where did you got it from, the only preffered "A" traded in USA cost about 6$.

finance.yahoo.com/look...

Preserving Wealth During the Global Banking Crisis

I love crashes, my biggest profits I made in 1997,1998,200-2002,200... with the rest of the years almost breaking even.
My biggest worry is not if Dow Jones will stop landing at 2000 points in 10 years, my worry is not how many factories in China or India or USA stopped-let them stop indefinitely as each stopped dirty industry equals less emissions=cleaner air for all.
I am also not worried about Saudis or Russians who have no choice but stop their theatricals with output cuts and pump Oil even at 5$ as otherwise if they will stop selling their only commodity their countries in the Middle East will turn into terrorists controlled states and in Russia the revolution of 1917 will repeat with blood spilling in millions.
My biggest worry, as individual investor/trader, and it should be a worry of every investor I suppose, if my 4 futures brokers ( RCG LLC, PENSON GHCO, NewEdge, MAN Financial ) or banks will be able to pay me my profits and if I will be able to access my funds even if Oil will be 5$ or SP 500 = 400 points and Dow Jones 200 points.
I am very concerned not about the prices of commodities or any other assets worldwide, I am very concerned if I can trust the financial system where I keep all my funds at brokers and banks.
It doesn't matter if you are farmer from Iowa or trader from Frankfurt or Phd. economics writer on Seeking Alpha, we all have money in the banks and financial institutions, we can not now buy for all the $$$£££ gold or emeralds or diamonds or uranium and after the financial system will collapse and my brokers will not give me my money as they will be bankrupt, we can't go with our gold bars and diamonds to supermarket and exchange it for meat and bread.
THE BIGGEST QUESTION NOBODY THINKS ABOUT - IF OUR MONEY IS SAFE, I DON'T TRUST FDIC or SEC or what Fed or Central Bank says, my instincts show we are heading for the markets where even 1929 will be seen as a much smaller and shorter crash, now is the biggest crash in history started and we are all witnesses and participants in this crash.I expect the worse of this mega mess.

Capitalizing on the Brent-WTI Crude Oil Differential

ADDAX PETROLEUM(Other OTC: ADXTF.PK) typical Pink Sheets stock made look good, high stock price but 2,500 shares volume.No balance sheet, only wonderful prospectus and stock that is down 80% will be down 99% as well.Sell it short, company have no operations.

BERRY PETROLEUM CO A(NYSE: BRY) down 90% but not worth the attention at this prices as company is losing hundreds of millions and selling assets.Also can not be traded as pairs trading strategy against ADDAX as ADDAX volume is 2,500 shares and not everyday.


Now regarding the WTI and Brent Oil differentials, this also have no meaning as any Oil benchmark can be changed, it all depends on chemical composition used by refineries and the Oil's origins.
Even if Brent benchmark will dry up completely tomorrow, the Urals or Azeri crude will be importent from Russia and Azerbaijan with composition of Brent in it.That simple.

Welcome to a New World of Investing

LYNAS CORPORATION (Other OTC: LYSCF.PK) traded on PinkSheets, typical scam stock, no profits, no info, no SEC fillings,down 80%.


Clean Energy Fuels Corp. (CLNE) this one is down 70%, loses money,performs more or less like the price of Crude/Oil even if belongs to "CLEAN" stock category.


Chemical & Mining Co. of Chile Inc. (SQM) down only 55%, rare mining company that made 3 times less money than it's peers in mining industry last year, P/E 16 against miners P/E up to 5 in 2008.
Performs more or less like any market index, wher many stocks are down 55%.


ANNALY CAPITAL MANAG(NYSE: NLY) down 30% so almost like buying passive ETF like DIA,SPY, would do you the same damage without any special insider knowledge of the world.


Inergy, L.P.(NasdaqGS: NRGY) down 30%, performs 2 times better than the price of energies to the downside, and at least 2 times worse to the upside, as many stocks in it's category quintupled in price when Oil and Gas was balooning.
Performs same as SP500, little connection to industry it represents.


ENERGY TRANSFER PRNT(NYSE: ETP) down 30%, also little connection to it's industry, performs like SP500.



BROOKFIELD ASSET MGT(NYSE: BAM) down 45%, nothing special just another financial company.


PETROBANK ENERGY & R(Other OTC: PBEGF.PK) also Pink Sheets typical scam stock, with no data,volume of 8000 shares,high stock price.
It's name say what stock investment is it.


Bottom line:

The author is long the SP500, instead of wasting brokerage commissions on 10 different stocks with few of them in the "dark" category, if you follow and respect the author of this article, just buy SPY or any othe passive long index ETF.


Mark Medayski

Crude Reality: How Long Can Oil Stay Down?

How long Cude Oil can stay down?
Hmm, good question, I would ask not how long it can stay down but why it will go down, please note the difference.
When someone says it stays down, he describes the current price level as support, on the opposite if one asks or says go down he means the prices will trend substantially lower.Got it?
As I said before, 9$ a barrel is a real test for Saudi Arabia or OPEC as you wish in 2010.Here again the reason why, the cartel members cheat each other and as they are squeezed till the neck now and drawning they will pump the heavy damn Crude Oil as it is going out of the ground anyway and they will sell it god damn them for any money as their countries are in the pre-revolution tate of mind, it can explode any moment, unemployment,bankruptc... name the few.
Not to waste our time, let me put it short and simple, 20-30$ is the price for Crude Oil the one quoted on the NYMEX, Light Sweet Crude Oil that is.

Crude Reality: How Long Can Oil Stay Down?

How long Cude Oil can stay down?
Hmm, good question, I would ask not how long it can stay down but why it will go down, please note the difference.
When someone says it stays down, he describes the current price level as support, on the opposite if one asks or says go down he means the prices will trend substantially lower.Got it?
As I said before, 9$ a barrel is a real test for Saudi Arabia or OPEC as you wish in 2010.Here again the reason why, the cartel members cheat each other and as they are squeezed till the neck now and drawning they will pump the heavy damn Crude Oil as it is going out of the ground anyway and they will sell it god damn them for any money as their countries are in the pre-revolution tate of mind, it can explode any moment, unemployment,bankruptc... name the few.
Not to waste our time, let me put it short and simple, 20-30$ is the price for Crude Oil the one quoted on the NYMEX, Light Sweet Crude Oil that is.