nnuut's Account Talk

[budnipper1]

Oil at $91.27 a barrel, WOW! View attachment 2376Watch out for that OIL SLICK!!

View attachment 2375​

http://www.superlaugh.com/1/gasprices.htm ​

 

[nnuut]

It's coming soon Budnipper1, and I'm not talking about BEER!!
Funny stuff thanks for the link!!:laugh::laugh:

 

[Uptrend]

Yesterday ...All my troubles were so far away ...Now I long for Yesterday!

 

[ChemEng]

Its odd that with oil prices as high as they are, the price at our local pump has actually fallen almost a nickel. Ive been waiting for the big jump to compensate, but it hasnt happened (yet).

 

[poolman]

BAD NEWS FOR BEER DRINKERS!! View attachment 2374

Forget gas prices: Beer is going up

Brewmasters say shortage of barley and wheat will raise beer prices. Fans of boutique beers will be hardest hit.

October 26 2007: 3:43 PM EDT

SUNNYSIDE, Wash. (AP) -- Fans of Snipes Mountain Brewery's cloudy Hefeweizen relish the subtle wheat flavor of the bright, summery brew, and like beer drinkers everywhere, they know when their favorite brew tastes a little too hoppy or bitter.
Connoisseurs could be in for a surprise this year, and they may not be alone.
Video
More video

Brooklyn Brewery goes off the grid and uses wind power to create its signature beers. Play video

Small brewers from Australia to Oregon face the daunting prospect of tweaking their recipes or experimenting less with new brews thanks to a worldwide shortage of one key beer ingredient and rising prices for others.
Oh, and one other thing: Beer prices are likely to climb. How high is anybody's guess. Craft brewers don't have the means to hedge against rising prices, like their industrial rivals.
"I'm guessing, at a minimum, at least a 10 percent jump in beer prices for the average consumer before the end of the year," said Terry Butler, brewmaster at central Washington's Snipes Mountain.
Sales have been relatively flat in recent years among the country's big three brewers - Anheuser-Busch Cos (Charts, Fortune 500)., Molson Coors Brewing Co (Charts, Fortune 500). and SABMiller PLC. unit Miller Brewing Co - while small, independent brewers have experienced tremendous growth. The craft brewing industry experienced a 12 percent increase by volume in 2006, with 6.7 million barrels of beer. Sales among microbreweries, which produce less than 15,000 barrels per year, grew 16 percent in 2006.
Now the bright spot in the brewing industry is facing mounting costs on nearly every front. Fuel, aluminum and glass prices have been going up quickly over a period of several years. Barley and wheat prices have skyrocketed as more farmers plant corn to meet increasing demand for ethanol, while others plant feed crops to replace acres lost to corn.
Georgia breweries dry up [more] http://money.cnn.com/2007/10/26/news/beer_prices.ap/index.htm?postversion=2007102615

Thanks nnutt.

I just got back from buying 4 cases of natural light. "$10.49/case".

 

[nnuut]

Thanks nnutt.

I just got back from buying 4 cases of natural light. "$10.49/case".

Damn, that's a good price!!!! Can you buy me about 12 cases at that price?View attachment 2379

 

[nnuut]

25% "C", 35% "S", 40% "I" COB today.
Shuffeled Allocations around think Small Caps might do better than Large Caps if Ben is a good boy. STILL DON'T LIKE THE PRICE OF OIL!!!!!

I'm lucky that being STUPID isn't a Sin.:laugh:

 

[nnuut]

100% "I" COB Today. Still have big time Oil worries! Just have to wait and SEEeeeeeee?:worried: Probably jump out to the "G" COB tomorrow.
View attachment 2389

 

[nnuut]

Ok computer generated buy programs, it's 15:15 EDT it's time to let all those dip buyers in on the big rally tomorrow. Let's GO!!!!!!!!!!!!

 

[nnuut]

"WOULD YOU BELIEVE" a Computer Generated Sell Program?:suspicious: "Maxwell Smart"

 

[whitemingo]

I bet somebody just pushed the wrong button. I hope they correctly push the buy button tomorrow.

 

[nnuut]

Damn computers!! I've got everything crossed for tomorrow, wish I didn't have to watch!!

 

[Wolverine]

Y'all got your magic wands out and ready for tomorrow?

Gotta fight that Witches Brew and the Darkside stirring in that big pot.

 

[hessian]

Hey Nnuut,
Not sure, but this may be my first post to your thread (so be gentle please). Just kidding be a rough as you want.
See the price of OIL tonight? Last I saw (about 1700) was $89.61 and falling, - NOT SPECTACULAR, BUT SOMETHING!
You have any idea what's the driver?
Might it continue?
Tomorrow?
Longer?
VR

 

[Minnow]

Hessian, I'm no NNUUT... but I believe Goldman Sachs hit their "sell" button and said it's time to lighten up on the texas tea. At least that's according to Briefing.com...

 

[hessian]

OK, good to know, but need to know - why?? why they selling??
See Gold dropping now too - and silver selling down as well.
Like to hear from the long-time expert NNuut - is this start of a sell off in commodities in favor of equities??

 

[fedgolfer]

GS issues those statements often. They say sell oil/gold... then they'll buy back cheaper. Pretty good gimmick, huh?

 

[hessian]

Actually I got my info from TV off of CNBC

 

[nnuut]

Hey Nnuut,
Not sure, but this may be my first post to your thread (so be gentle please). Just kidding be a rough as you want.
See the price of OIL tonight? Last I saw (about 1700) was $89.61 and falling, - NOT SPECTACULAR, BUT SOMETHING!
You have any idea what's the driver?
Might it continue?
Tomorrow?
Longer?
VR

Hessian, I'm no NNUUT... but I believe Goldman Sachs hit their "sell" button and said it's time to lighten up on the texas tea. At least that's according to Briefing.com...

OK, good to know, but need to know - why?? why they selling??
See Gold dropping now too - and silver selling down as well.
Like to hear from the long-time expert NNuut - is this start of a sell off in commodities in favor of equities??

Minnow, you may be right, they may be in the Sell High mode because they know something that we don't?
Hessian, Yes Oil and gas are artificially price inflated due to the Big Guys making money. Everyone says that oil should be in the mid $60 range. This may be the start of a correction in energy prices, I hope so.
Initially energy stocks taking a dive is not good for equities, but extreme highs in energy stock is a BIG DRAG on the market. This time I think, if it's correction time for Oil/Gas it will hold back the market but for a very short time, very short maybe intra day, because investors know they are overpriced and are having a bad effect on the markets and the economy as a whole. In short It's GOOD for Oil prices to fall, very good!
Norman

 

[hessian]

NNuut,
Thanks - keeping fingers crossed that this is the start! It would be timely given it may be coincident with Fed cut (this would be good , right??).

If it is the start of correction would we most prefer it to come down gradual, so adverse effects are minimized or even harly noticed. Just asking, because I've no background/previous experience.
THANKS!