Oil All Time High. Gold All Time High. Dollar? Eh. Ok. Not the Dollar.

DriftingByTheStorm
DriftingByTheStorm Posts: 8,684
edited January 2008 in A Moving Train
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.

:D:D:D
If I was to smile and I held out my hand
If I opened it now would you not understand?
Post edited by Unknown User on
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Comments

  • jlew24asu
    jlew24asu Posts: 10,118
    can I tell you what (who) I think is crazy ;)
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    99.31

    She Could Break 100 In Minutes.

    99.47 Minutes Ago

    All Time High
    All Time High!
    :D:D:D


    SPOT JUST HIT 100!
    SPOT JUST HIT 100!
    SPOT JUST HIT 100!
    SPOT JUST HIT 100!
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    futures already hit 100. take a deep breath. maybe go outside and get some fresh air. you're losing it man

    http://futures.tradingcharts.com/marketquotes/index.php3?market=CL
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    futures already hit 100. take a deep breath. maybe go outside and get some fresh air. you're losing it man

    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 was to smile and I held out my hand
    If I opened it now would you not understand?
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    oh and Fed meeting minutes come out in 2 hours.
    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 was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    oh and Fed meeting minutes come out in 2 hours.
    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.

    markets are really going to move after this one.
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    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 was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    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.

    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.
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    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.
    :D

    Gave GOLD a nice boost though!
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • Cosmo
    Cosmo Posts: 12,225
    DriftingByTheStorm wrote:
    ...
    Gave GOLD a nice boost though!
    ...
    So... 50cent has a million dollars in dental work, now?
    Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
    Hail, Hail!!!
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    Today is hyping up to be the worst opening day of the year for the stock market in HISTORY.
    [also shaping to be one of the largest negative percentage moves in market history in general, hmm]

    Comments, Jlew?
    :D
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    Today is hyping up to be the worst opening day of the year for the stock market in HISTORY.

    Comments, Jlew?
    :D

    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 ;)
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    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.
    :D

    [think you right about pt vs. %, fyi. my bad]
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    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.
    :D

    [think you right about pt vs. %, fyi. my bad]

    markets closed off the lows. and oil closed below 100. gold off the highs too. all good things (in general ;) ). shaky start to 08 nonetheless.
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    Just announced:
    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.

    :D
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    Just announced:
    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.

    :D


    prices still down on oil (as of right now :)) http://www.bloomberg.com/energy/
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    prices still down on oil (as of right now :)) http://www.bloomberg.com/energy/


    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!
    :D
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    99.84!

    :d
    If I was to smile and I held out my hand
    If I opened it now would you not understand?
  • jlew24asu
    jlew24asu Posts: 10,118
    DriftingByTheStorm wrote:
    99.84!

    :d

    which is lower then when you previously posted. are you long oil? why do you seem to want it to go higher?
  • DriftingByTheStorm
    DriftingByTheStorm Posts: 8,684
    jlew24asu wrote:
    which is lower then when you previously posted. are you long oil? why do you seem to want it to go higher?

    99.97!
    :D

    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 was to smile and I held out my hand
    If I opened it now would you not understand?

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