Beginning of the end for stock bubble?

[gfejunkie]

Originally Posted by ExNYer

Your plan is almost entirely dependent on the Saudis raising prices in time to save you.

Not to mention that Iran will be coming on line soon. Risky.

I've heard that gasoline will be selling for just under 2 bucks a gallon by Christmas.

[cptjohnstone]

Originally Posted by i'va biggen

It is why you are a fucking hillbilly idiot, I am not a democrat fool. Once a hillbilly always a hillbilly, you are dismissed no stones, go yap at someone else and take your ass with you.

Originally Posted by cptjohnstone
it is easier to put him "ignore" so you do not have read his 3rd grade remarks

Did someone order a hillbilly idiot? If so he showed up. You must be too ignorant to find the (ignore) spot no stones.

Ekim008 is a dick sucking asshole currently going by the name IveBiggen

Yes YOU ARE, IVA-KNOW-NOTHING.

Let me repeat your bullshit ....


Quote:
Originally Posted by i'va biggen
Warning tickets require no signature

Quote:
Originally Posted by DSK
You are a tiresome fucking child with all the originality of a turtle.Go fuck yourself.

Coming from you JL that is a real laughter.

Originally Posted by LexusLover

Blind folks like you don't lead anyone, and ...

Originally Posted by LexusLover

.... no-nothings like don't "explain" a thing.

When some dumbass like you makes the statement ...

... like you just made ... what you (and they) don't understand is .....

... those who hear it (or read it) know what it means .... which is ...

You are incapable of explaining it so you aren't going to embarrass yourself.

Quote:
Originally Posted by i'va biggen
OMG between wakko and whiffy this forum will be nothing but one useless youtube video after another.

I feel like they post informative videos, and your existence pollutes this place with mediocrity and stupidity.




Quote:
Originally Posted by i'va biggen
Blacks supporting the tea party? Got a link to that judy?


You do know that this is the first time someone has brought up the Tea Party on this thread? Trying to change the subject? Anyway, remember the footage doctored by CNN about a Tea Party protest and a man walking around with a slung AR-15? Seems that it was a black man and a Tea Party rally carrying his weapon.

Quote:
Originally Posted by gfejunkie
Then don't quote me telling me what JD said.
I don't have to guess what you "think".

It's always a blank page.

It is the trouble trying to inject a humorous statement on this forum, it upsets the fucktards. Go back to sulking.

Quote:
Originally Posted by i'va biggen
I am not a democrat. .


LOLing the "independent" idiot...

[Guest032516]

Originally Posted by gfejunkie

Not to mention that Iran will be coming on line soon. Risky.

Yeah, well I was incorporating that factor into the Saudis decision.

Also, Iraq is apparently getting its shit together, at least in the non-ISIS provinces, and they too will be increasing supply.

So, if the world economy slumps and supply goes up, I don't see oil getting much above $38 by February.

[Rey Lengua]

Originally Posted by ExNYer

Yeah, well I was incorporating that factor into the Saudis decision.

Also, Iraq is apparently getting its shit together, at least in the non-ISIS provinces, and they too will be increasing supply.

So, if the world economy slumps and supply goes up, I don't see oil getting much above $38 by February.

I'd love it if our self-proclaimed economic genius, woomby, took it in the ass over his investment. It's a feeling his is used to and must like ! What is the old saw about a fool and his money ?

[gfejunkie]

Originally Posted by ExNYer

I don't see oil getting much above $38 by February.

I've heard twenties. Upper twenties.
Reliable sources.
Commodities futures are a beast. Too many variables.

[i'va biggen]

Originally Posted by cptjohnstone

Originally Posted by cptjohnstone
it is easier to put him "ignore" so you do not have read his 3rd grade remarks

[WombRaider]

Originally Posted by ExNYer

But you said "next summer" it won't be at $38.

But your 6 month date is February, dead of winter. What will the price be then if a new recession is kicking in and demand is even lower?

Your plan is almost entirely dependent on the Saudis raising prices in time to save you.

I have 12 month contracts as well but most of what I'm holding currently are 3 and 6 month contracts. I need one of two things to happen; shale production to drop or OPEC to cut output. Preferably both. I realize it's risky.

[WombRaider]

Originally Posted by Rey Lengua

I'd love it if our self-proclaimed economic genius, woomby, took it in the ass over his investment. It's a feeling his is used to and must like ! What is the old saw about a fool and his money ?

The fact that you openly wish ill will on another human being, shows you for what you really are. I never said I was an economic genius. Those are your words. You hate me because I have money and you don't. You've made your feelings toward successful people well known. That's not my fault.

[WombRaider]

Originally Posted by ExNYer

Yeah, well I was incorporating that factor into the Saudis decision.

Also, Iraq is apparently getting its shit together, at least in the non-ISIS provinces, and they too will be increasing supply.

So, if the world economy slumps and supply goes up, I don't see oil getting much above $38 by February.

Its risky, no doubt. The risk of taking a bath is always there but it's not a huge bet in the grand scheme of things. I don't think OPEC has the stomach to hold out much longer.

[Rey Lengua]

Originally Posted by WombRaider

The fact that you openly wish ill will on another human being, shows you for what you really are. I never said I was an economic genius. Those are your words. You hate me because I have money and you don't. You've made your feelings toward successful people well known. That's not my fault.

I don't hate you because you CLAIM to have money. I hate ALL lying liberals. I don't begrudge anyone who's worked hard to achieve success. They've EARNED it the old fashioned way. I do have a problem with those who think they are entitled to the rewards of hard work and are unwilling to work hard for those rewards and expect an "equal outcome" for all. And those who think the Government should provide special programs and incentives to one racial group over other racial groups for whatever grievance the first group claims is "holding them back." And I wish "ill will" on those jihadis that behead people in the name of your hero's "peaceful religion, anyone harming women, children, the elderly... or animals. Especially you swishy walkers that can't seem to keep a gerbil for more than a day !

[DSK]

Originally Posted by WombRaider

The fact that you openly wish ill will on another human being, shows you for what you really are. I never said I was an economic genius. Those are your words. You hate me because I have money and you don't. You've made your feelings toward successful people well known. That's not my fault.

Personally, I like a wetback who has money. It is a shame so many do not and leech off the government.

[DSK]

Originally Posted by WombRaider

Its risky, no doubt. The risk of taking a bath is always there but it's not a huge bet in the grand scheme of things. I don't think OPEC has the stomach to hold out much longer.

The problem is Saudi Arabia likes the effect of shutting down fracking, and if Iran is going to defend market share, which they say they will, it will be a flooded market.

The Bakken will die first, because of the cost of rail transportation on Warren Buffett's railroad which is 10 to 15 dollars a barrel higher than Permian Basin pipelines to the gulf and to Cushing, Oklahoma.

They do not want any more infrastructure development in the Bakken, and they don't want any more holes in the ground. They can hold out for years and also don't want to see Iran benefit.

Once the Bakken dies, then we will see oil equilibrium. Plenty of oil will flow from oil friendly West Texas. Everywhere else might see increasing environmental resistance.

[lustylad]

Originally Posted by WombRaider

I don't think OPEC has the stomach to hold out much longer.

What a dumbass statement! Exactly what is OPEC "holding out" for? Or against? And exactly what will OPEC do when they finally can't "stomach" it anymore?

.

[WombRaider]

Originally Posted by Rey Lengua

I don't hate you because you CLAIM to have money. I hate ALL lying liberals. I don't begrudge anyone who's worked hard to achieve success. They've EARNED it the old fashioned way. I do have a problem with those who think they are entitled to the rewards of hard work and are unwilling to work hard for those rewards and expect an "equal outcome" for all. And those who think the Government should provide special programs and incentives to one racial group over other racial groups for whatever grievance the first group claims is "holding them back." And I wish "ill will" on those jihadis that behead people in the name of your hero's "peaceful religion, anyone harming women, children, the elderly... or animals. Especially you swishy walkers that can't seem to keep a gerbil for more than a day !

An entire post without a gloryhole mention. We might cure you yet. Why do you hate anyone? Hate is wasted energy.

[WombRaider]

Originally Posted by lustylad

What a dumbass statement! Exactly what is OPEC "holding out" for? Or against? And exactly what will OPEC do when they finally can't "stomach" it anymore?

.

Cutting output, shitstain. Are you that retarded? It's already been mentioned several times in this thread. They don't like $38 oil anymore than I do at this point in time

Right now, I've seen some analysts predicting 12-months at $70 on Brent. And what you also have to remember is that front-month contracts will always be close to what the number actually is, but farther out, they can have a price bump built in if they think the number will rise. That's also why I'd rather bet on the spot price than throw money into an ETF. Even if oil bumps, with the ETF you have roll costs to contend with that eat into any real gains. ETF is great for short-term bets, but long term, they're not the way to go.