G
Guest
Guest
imported post
Oil close to 66 does not matter
Oil close to 66 does not matter

The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
Run up today was on the sure thing DELL report. DELL missed by a mileand is down 8% in the after hours.DMA wrote:EXACTLY! :^Oil close to 66 does not matter![]()
Run up was in the "belief" that DELL would give a gang buster report to let the market run up another day so the "big guys" could cut the retail investor off at the knees on Monday or Tuesday. There a few stocks INTC, GE, CSCO, DELL, GOOG, EBAY, etc (which all have all missed on last earnings) that when they reported earnings they would drive the market up as a whole for a day or three...then you notice four or five days later their stock price would be lower because the "big guys" would cha ching out screwing the bag holders.When analyst were predicting 50 a barrel oil people were saying it would ruin the economy. Now when you mention 50 a barrel they say, that would be nice.... After labor day oil is heading back to the 50's..... And that really would be nice!
Thatwould be my guess.When analyst were predicting 50 a barrel oil people were saying it would ruin the economy. Now when you mention 50 a barrel they say, that would be nice.... After labor day oil is heading back to the 50's..... And that really would be nice!
Bond market, oil and PMs are saying to me.robo wrote:Thatwould be my guess.When analyst were predicting 50 a barrel oil people were saying it would ruin the economy. Now when you mention 50 a barrel they say, that would be nice.... After labor day oil is heading back to the 50's..... And that really would be nice!![]()
Couldn't have said it better myself...WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!![]()
Can't disagree with that, nor the fact that oil is not going down anytime soon....Good morning Tehran.![]()
crude smude...who cares......obviously wall street does not! run it up to 68-69 and ratchet it back to 57-58 for a mega rally. then up to 70-72 and back.DMA wrote:
Can't disagree with that, nor the fact that oil is not going down anytime soon....Good morning Tehran.![]()
Oil refineries change over in July, and theyhope current supply of gaswill last.... What current supply!!!!!!August could get uglier for gas...... It could hold back new highs on the stock market for awhile.
Gold up 9 clams, oil up and bond yields falling.DMA wrote:
Can't disagree with that, nor the fact that oil is not going down anytime soon....Good morning Tehran.![]()
Oil refineries change over in July, and theyhope current supply of gaswill last.... What current supply!!!!!!August could get uglier for gas...... It could hold back new highs on the stock market for awhile.
Run up today was for DELLrobo wrote:crude smude...who cares......obviously wall street does not! run it up to 68-69 and ratchet it back to 57-58 for a mega rally. then up to 70-72 and back.DMA wrote:
Can't disagree with that, nor the fact that oil is not going down anytime soon....Good morning Tehran.![]()
Oil refineries change over in July, and theyhope current supply of gaswill last.... What current supply!!!!!!August could get uglier for gas...... It could hold back new highs on the stock market for awhile.
same with rates run um up to 4.25 or so and put the plunge down to the low 3's by election time.
look our plan is to use all the oil from the mideast first folks. oil is nuthin but a manipulated game...same for gold...JMHO
we have a lot of oil in the gulf of mex., calif., andin alaskaof course for later. coal and shale oil we aint hurtin 4 either.
shoot most of the wells in the southern san joaquin valley are capped, even tho a major pipeline to san pedro (port of la) was built in 96-98...... anyone wonder why????
as far as iran we have to worry about the russians more so with that country than we did iraq....but moscow usually will cut a deal with anyone for the right price....again jmho
tekno![]()
They said that in 1972.Oil can't hurt the market long term.
1. SHORT-TERM MARKET FORECAST: Please Just Give Us ONE More Correction -- By Tobin Smith
When you find yourself talking to the TV in your hotel pleading for ONE more pullback before the run to the roses year-end rally, you are obviously desperate. Virtually all the money we have made this year has been buying the pullbacks -- especially in energy stocks.
It seems like a year ago, but it was really just a few months ago in April that I was writing you and pleading on Fox News to use the hedge fund-led massacre of energy stocks -- i.e., the only stocks they had made ANY money in -- to load the boat with our favorite all-star companies.
Can we just have one more panic-selling event before October? Is that too much to ask? The market really seems to be telling us it wants to anticipate the year-end rally. It does not take a Ph.D. in statistics or finance to figure out that the third-quarter numbers that get reported in Q4 this year are going to look AWESOME, baby, compared to the "soft patch" third quarter of '04.
In a nutshell, that's what I see in the market now -- big money playas buying small dips here to make sure they have maximum exposure/leverage to that move.
Is a 5% correction on the way???? Some are praying for it that's for sure..........What's keeping us from the sell-off that I'm praying for is a lack of optimism. All the sentiment numbers are simply NOT high enough to make for a 5%-ish fade off the 2,220 Nasdaq top and S&P 500's 1,245.
I need to take you to Vegas with me tekno. Whenever I say "WEEEEEEEEE" the market slaps me down (not just this summer either). You just keep winning. :^ It's an attitude thing. You have the correct one.WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!!![]()