Saudia Arabia this Friday

[pmcint01]

Do you think the market will tank when the planned protest in Saudia Arabia starts up on Friday?

 

[FAB1]

Do you think the market will tank when the planned protest in Saudia Arabia starts up on Friday?

No, but...

The sky is falling, the sky is falling!

 

[tsptalk]

I copied the 1st post from another thread as it is a good question.

I think the market may have already priced in trouble in Saudi Arabia, yet the pullback has been tepid so far. I think the market could rally if the protests are not overly aggressive.

The bear flag on the charts says we could see a bad news plunge, but being in a bull market we should be leaning toward a bullish outcome.

 

[FAB1]

I copied the 1st post from another thread as it is a good question.

I think the market may have already priced in trouble in Saudi Arabia, yet the pullback has been tepid so far. I think the market could rally if the protests are not overly aggressive.

The bear flag on the charts says we could see a bad news plunge, but being in a bull market we should be leaning toward a bullish outcome.

Like Wisconsin-style protests, maybe?

 

[jdphx]

Watch oil prices shoot higher though....


Greedy Bastages

 

[tsptalk]

Watch oil prices shoot higher though....


Greedy Bastages

I think that is what has been priced in already; The move to 105 - 106. At least I hope. :worried:

 

[FAB1]

Watch oil prices shoot higher though....


Greedy Bastages

No no no, thats Greedy Bathturds...

Excuse the lisp. :laugh:

 

[Frixxxx]

I think that is what has been priced in already; The move to 105 - 106. At least I hope.

If Momar steps down, it will ease the pressure.....:suspicious::notrust:

 

[nasa1974]

I think that is what has been priced in already; The move to 105 - 106. At least I hope. :worried:

It would seem that something else had to be priced in the jump to $106 a barrel for crude. Lybia has a small percentage of the exportation of oil compared to other countries in the area.

 

[KevinD]

It would seem that something else had to be priced in the jump to $106 a barrel for crude. Lybia has a small percentage of the exportation of oil compared to other countries in the area.

But theirs is the low sulpher sweet.

 

[amoeba]

meaningless

I sure hope everybody thinks this Saudi Arabia friday means something, because it does not, and when everyone else in G/F fund realizes it, I will be rolling in dough. Whip dee doo. Another middle east rally. At worst a buying opportunity for the weak hands, but I doubt it. I would be in if I were me, and since I am, I am. Would you like some green eggs and ham?

 

[burrocrat]

oh sheet, amoeba pushed in,

get out get out get out, watershed event coming.

 

[Buster]

1. I don't think Saudi Arabia will overthrow their King..for the most part, they Love him..

Saudi King Trying to Buy Himself Out of Protests​

King Abdullah, loved by most of the nation, known as the people’s king, returned home from Morocco, where he was recovering from back surgery, on Wednesday. He announced $36 billion worth of new jobless benefits, education and housing subsidies, and debt write-offs that addressed inflation, as well.
http://www.sodahead.com/united-state...537895/?page=5