Oil All Time High. Gold All Time High. Dollar? Eh. Ok. Not the Dollar.
DriftingByTheStorm
Posts: 8,684
Oil at 99.18 RIGHT NOW
(ok thats a few cents off the all time high)
but holy shit!
The floor is crazy right now.
Gold is at 860 right now!
THAT IS CRAZY!
CRAZY CRAZY CTRAZY.
(ok thats a few cents off the all time high)
but holy shit!
The floor is crazy right now.
Gold is at 860 right now!
THAT IS CRAZY!
CRAZY CRAZY CTRAZY.
If I was to smile and I held out my hand
If I opened it now would you not understand?
If I opened it now would you not understand?
Post edited by Unknown User on
0
Comments
She Could Break 100 In Minutes.
99.47 Minutes Ago
All Time High
All Time High!
SPOT JUST HIT 100!
SPOT JUST HIT 100!
SPOT JUST HIT 100!
SPOT JUST HIT 100!
If I opened it now would you not understand?
http://futures.tradingcharts.com/marketquotes/index.php3?market=CL
No i'm just excited.
If you were long on oil, maybe you would be too!
If it finds ANY support at 100 in the next hour it could rocket. Key word "could" ... but you should know as well as i, when ANY equity\commodity breaks a "par" (100,200,300) they tend to rally on support.
ESPECIALY if it i the 1st time over that number!
and futures aren't spot.
If I opened it now would you not understand?
That should be a real swell moment for the market as well.
Maybe it doesn't move it, but i'm guessing we'll see a slight dip.
If I opened it now would you not understand?
markets are really going to move after this one.
Really?
Why do you say that?
What do you expect?
Meeting notes discussing inflation concerns or what?
Is this a case of "transparency not necessarily a 'good' thing" ?
Curious why you think it will be a market mover.
If I opened it now would you not understand?
markets always move when these minutes are released. I just thinking today is going to be extra touchy with oil hitting 100, being the first trading day of 08, bad manufacturing number....etc.
that was no fun.
had to be quick like a bunny to catch anything off that.
the market ate what little gains she posted pretty quick.
Gave GOLD a nice boost though!
If I opened it now would you not understand?
So... 50cent has a million dollars in dental work, now?
Hail, Hail!!!
[also shaping to be one of the largest negative percentage moves in market history in general, hmm]
Comments, Jlew?
If I opened it now would you not understand?
you actually sound like your excited about it.
yea tough start to the year thats for sure. worst ever on point loss, but on a % basis? dont know, heres to hoping for a late day rally
Dollar at an ALL TIME INTRADAY LOW today ???
I get excited about ANY movement.
Hell, you know me.
I get excited about ANY thing, period.
[think you right about pt vs. %, fyi. my bad]
If I opened it now would you not understand?
markets closed off the lows. and oil closed below 100. gold off the highs too. all good things (in general
Crude inventories down for 6th weak in a row.
Decline in inventories was a greater decline than expected (4 million barrels down) ...
hang on to your hats!
the rodeo is just beginning.
If I opened it now would you not understand?
prices still down on oil (as of right now
yeah.
apparently the "insiders" priced in that news yesterday.
i thought that was weird, myself.
Either way, higher or lower by a quarter,
it is not a good indicator of the way prices WILL be heading.
Which, baring some feat of market manipulation, is going to be up up and away!
If I opened it now would you not understand?
:d
If I opened it now would you not understand?
which is lower then when you previously posted. are you long oil? why do you seem to want it to go higher?
99.97!
i WAS long.
not trying to fight the 100mark though.
got plenty of points from a week+ carry.
and i don't "Want it to go higher" in some sick anti-american sense.
The point of this thread was to remind people of the ongoing dollar crisis, and problems with our economy.
Yes, oil is being driven by supply & demand, and not just inflation, but ALL of it is indicative of serious short AND long term problems for our nation.
Basicaly, i am attempting to shake off this "its just a correction" mentality.
What America is facing is a veritable paradigm shift of the global economic landscape it once dominated.
We are in deep shit, and we are only one leg in it and leaning over the pile so far, not waste deep with a life preserver and a rope.
:(
GOLD AT 870!
If I opened it now would you not understand?
http://biz.yahoo.com/ap/080103/wall_street.html
NEW YORK (AP) -- Stocks rose moderately Thursday after a report of an increase in new jobs during December eased some concerns about the economy a day before the Labor Department's key reading on employment.
100.03!
FIRST $100 FLOOR TRADE HAS BEEN EXECUTED, along with GLOBEX!
ITS UP THERE AND STAYING!
What is the good news, Jlew?
Factory orders up?
Thats christmas talking, remember.
Dollar going to rebound?
Really, how is that going to happen with every other day bringing an announcement like "THe fed adds 30 billion in temporary reserves" or "dollar auction results" or "lowers overnight rates", "temporarily extends discount window" etc?
I hear you.
The ECONOMY MAY rebound here, (though i doubt it), but the DOLLAR IS DOWN!
You can NOT have a rebounding dollar with continued and merciless rate cutting and inflation.
The fed has added WELL over 200billion in the last few months ... and that will continue ... and so will the decline of the dollar.
How do you expect it to "rebound", if dollar value is inversely related to issuance of currency and credit? And that issuance is staunchly on the rise???
If I opened it now would you not understand?
soblame good news on "o its just christmas" the number could have easily been negative. something I'm sure you predicted.
when this war is over and a new administration is in place. we need different policies.
so you think the economy is never going to rebound? never? times have been ALOT worse then they are now and we somehow managed to survive. enjoy drinking your half empty glass of water
I don't know why i'm smiling.
I'm jacked up on coffee, man!
Yes, i called that Fatory Orders number being up "unexpectedly" ... seriously, you don't think orders for goods are going to rise over previoulsy sagging numbers when it comes to DECEMBER and particularly when retailers were slashing prices and offering sales everywhere? Duh! I'm not saying it was certain, but certainly more probable than a drop on demand from the factory over christmas.
I don't know what "new policies" means, but you aren't going to get the Fed to stop adding money when that is what it is designed to do, and what the market keeps begging for. Junkies scream for more dope, does that mean it is what they need? Hell, they even go through violent withdrawal, does that mean they need to stay hooked? Besides, the fed is 100% independent, and the congress has ZERO power to regulate. :( And even if it did, it would just add to the bullshit factor. More regulation of bad policy is still bad policy.
Yes, of course i think the market will rebound someday.
But it may not be anyday soon. And if by rebound we are talking about something like we saw between mid Nov and Mid Dec where "no news" was "good news" and people got all happy-dappy, and the long-onlys decided to run her up regardless of the ground truth, then sure. That could happen. But the next time we get a bad housing number or whathaveyou, it will just go right in the tubes again.
No, i don't see much growth on the horizon for the broader economy in 08. Like i said, even the analysts are pretty uniform in calling for 3% growth ... and i think that will be a pretty muddy number. You will see growth in hedge funds and oil and gold firms and whathaveyou ... but very little growth in anything of real benefit to the people of america. Maybe Apple goes up some this year. Maybe a select few highend retailers do well.
But, no, i am very bearish on this economy in the broader sense. VERY bearish.
And the possibility of serious economic peril in the face of an increasingly weak dollar is VERY REAL, not just "fearmongering". The dollar is down. The trend is down. The trend is gaining speed, and it is at an all time low. If it continues for another couple of months, we could be really really fucked.
:(
If I opened it now would you not understand?