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as in oil
as i been sayin
war, buy commodities, and buy the crap out of em
get lucky, katrina, global growth, war goes too hell, and keep interst rates low, so u can leverage up
i don't buy the supply/demand bs cause there ain't no lines, are we using more yes,
here's what looks like is going too happen
dollar looks like it is about to start going up, oil related stocks over the last week had what they call an exhaustion day, meaning no more buyers only sellrs, now why would folks sell em if they are so coveted
majority of commodities got hammered last week, along with the oil boys, u had every ****ed steel and coal company get smashed to smithereens
now here is what we have left, these are the next ones to be taken too the wooshed
copper-looks like it's it will be the next one too head south with a vengence
it started it's downward spiral thursday
corn-holding up buy barely, give it a few weeks and jimmy will crack the corn
crude-some interesting stuff going on here, today iran said, okay we'll talk nuke stuff, obviously north korea finally caved, something about they would rather eat than die a slow death due too sanctions, hard to be a powerhouse when u have no money access too commodities or food for a war campaign,
we stop buying crude for the strategic petroleum reserve, and iraq has a bid list of 40 folks to come in and do the oil field upgrades, the big speculators know this crap, and they held out too the bitter end, they changed the margin limits on oil in the commodity markets on wednesday, meaning u gotta put up more money, ie, u can't leverage as much, and last but not least, seems not many folks want to buy oil at 145 bucks a barrel, the buyers just ain't buyin, and when a commodity has gone up 5 fold in five years, they push it too the limit, my guess is we reach out and try and touch 150 and fall hard
as i been sayin
war, buy commodities, and buy the crap out of em
get lucky, katrina, global growth, war goes too hell, and keep interst rates low, so u can leverage up
i don't buy the supply/demand bs cause there ain't no lines, are we using more yes,
here's what looks like is going too happen
dollar looks like it is about to start going up, oil related stocks over the last week had what they call an exhaustion day, meaning no more buyers only sellrs, now why would folks sell em if they are so coveted
majority of commodities got hammered last week, along with the oil boys, u had every ****ed steel and coal company get smashed to smithereens
now here is what we have left, these are the next ones to be taken too the wooshed
copper-looks like it's it will be the next one too head south with a vengence
it started it's downward spiral thursday
corn-holding up buy barely, give it a few weeks and jimmy will crack the corn
crude-some interesting stuff going on here, today iran said, okay we'll talk nuke stuff, obviously north korea finally caved, something about they would rather eat than die a slow death due too sanctions, hard to be a powerhouse when u have no money access too commodities or food for a war campaign,
we stop buying crude for the strategic petroleum reserve, and iraq has a bid list of 40 folks to come in and do the oil field upgrades, the big speculators know this crap, and they held out too the bitter end, they changed the margin limits on oil in the commodity markets on wednesday, meaning u gotta put up more money, ie, u can't leverage as much, and last but not least, seems not many folks want to buy oil at 145 bucks a barrel, the buyers just ain't buyin, and when a commodity has gone up 5 fold in five years, they push it too the limit, my guess is we reach out and try and touch 150 and fall hard