FAQ  |  Search  |  Memberlist  |  Usergroups   |  Register  |  Profile  |  Log in to check your private messages  |  Log in 

 Light Sweet Crude ... View next topic
View previous topic



Post new topicReply to topic
Author Message
bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Light Sweet Crude ...
PostPosted: Thu Jun 11, 2009 6:06 pm Reply with quoteBack to top

... $73 as the trading pits are about to close for the week ...
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Thu Jun 11, 2009 6:20 pm Reply with quoteBack to top

Sweet

All I have for energy plays are in natural gas recent purchases. I sold DXO awhile back and put it into precious metal stocks.

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: Light Sweet Crude ...
PostPosted: Tue Dec 08, 2009 1:16 pm Reply with quoteBack to top

Crudes back at $73 this am, but this time on the way down. Wonder if we will get back to the low 50's again with this correction ...

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
"Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson
“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Tue Dec 08, 2009 1:50 pm Reply with quoteBack to top

If you look at the WTIC [Light Crude Continuous Contract] the price is still above the 50 and 200 DMAs. The 50 DMA is about to pop over the 200. Looks like a basing formation to me and then we go higer. It did the same thing in early 2007 before exploding higher. I think the Feds QE will keep it up. The printing is about to go into overdrive.

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Tue Dec 08, 2009 1:51 pm Reply with quoteBack to top

P.S. I always look at weekly charts.

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: Light Sweet Crude ...
PostPosted: Thu Dec 10, 2009 5:10 pm Reply with quoteBack to top

Trading below $70 mid-day. Should be interesting to see where it closes.

_________________
"Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan
"Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson
“Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Thu Dec 10, 2009 8:16 pm Reply with quoteBack to top

we'll see...and adjust accordingly...

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Mon Dec 28, 2009 7:38 pm Reply with quoteBack to top

78.69

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Mon Jan 04, 2010 4:12 pm Reply with quoteBack to top

81.25 +1.89

Happy New Year!

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
dreamer
Demolition Man


Joined: 09 Aug 2007
Posts: 2101
Location: Northern California

Re: Light Sweet Crude ...
PostPosted: Wed Jan 06, 2010 6:44 pm Reply with quoteBack to top

82.75 +0.98

_________________
There isn't anything so bad that the Government can't make worse...

The 4-functions of government today are the same as a criminal enterprise: Lie, Cheat, Steal, and Kill...
View user's profileSend private message
Display posts from previous:      
Post new topicReply to topic


 Jump to:   


Merge topics 

View next topic
View previous topic
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum




Powered by phpBB 2.0.22-2 (Debian) © 2001, 2002 phpBB Group :: FI Theme :: All times are GMT