….and right before christmas too!!! hmmmm……. now we are beginning to have the perfect oil storm…….. kinda makes you think if something nasty happened in say SAUDI ARABIA that the price will just EXPLODE!
i think maybe a series of events prior to one in saudi arabia makes the collective response from the oil market much greater. greater impact pushes those prices back to $150/200 as predicted.
Thanks… It’s hard too say if it will the the same type of event as in the movie, or even in the same country? So something happening in Nigeria is possible.
As to your thoughts from OilStorm and Christmas crash – i thought this headline was interesting: “Nigeria’s state oil firm says Warri, Kuduna, and port Harcourt refineries shut due to pipeline sabotage
COMMODITIES
07:48 22-12-2010
oil over 90$ now……….. hmmmm…………….
re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011
re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011
The eclipse was really cool. As it came back, it truly was blood red, although the camera refused to work, I guess just not enough light. The last one on the solstice was in the 1600’s, but for the next one, you only have to wait 80 years. Better eat some healthy food!
Pix here
Bull-Bear spread http://screencast.com/t/KIUrQs6gm7
Fractal – http://screencast.com/t/r5nYcqUn
….and right before christmas too!!! hmmmm……. now we are beginning to have the perfect oil storm…….. kinda makes you think if something nasty happened in say SAUDI ARABIA that the price will just EXPLODE!
red,
this is just in from zerohedge, and the drawdown numbers in oil is large AGAIN!! hmmmmmm…….. http://www.zerohedge.com/article/larger-expected-boe-drawdown-sends-crude-100barrel-races
i think maybe a series of events prior to one in saudi arabia makes the collective response from the oil market much greater. greater impact pushes those prices back to $150/200 as predicted.
Thanks… It’s hard too say if it will the the same type of event as in the movie, or even in the same country? So something happening in Nigeria is possible.
red,
As to your thoughts from OilStorm and Christmas crash – i thought this headline was interesting: “Nigeria’s state oil firm says Warri, Kuduna, and port Harcourt refineries shut due to pipeline sabotage
COMMODITIES
07:48 22-12-2010
oil over 90$ now……….. hmmmm…………….
ES Negative Divergence
http://niftychartsandpatterns.blogspot.com/2010/12/s-500-futures-before-opening-bell_22.html
re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011
re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011
The eclipse was really cool. As it came back, it truly was blood red, although the camera refused to work, I guess just not enough light. The last one on the solstice was in the 1600’s, but for the next one, you only have to wait 80 years. Better eat some healthy food!
Pix here
http://oahutrading.blogspot.com/2010/12/eclipse.html#disqus_thread