Tuesday, January 16, 2007
Quick Alert: In Case You Didn't Know or Forgot
Oil is for asshats.
It is broken and the remaining big dogs are trying to get the fuck out. Now, I will hold my 10% weighting-- partly because it is contrarian. But, if I were betting the fucking house on oil, I would have a backup house.
Plus, it appears the U.S. via Saudia Arabia is trying to bend Iran/Venezuela over a barrel
(oil barrel that is).
Declining oil prices is good for U.S. equities--bad for asshat oil investors.
It is broken and the remaining big dogs are trying to get the fuck out. Now, I will hold my 10% weighting-- partly because it is contrarian. But, if I were betting the fucking house on oil, I would have a backup house.
Plus, it appears the U.S. via Saudia Arabia is trying to bend Iran/Venezuela over a barrel
(oil barrel that is).
Declining oil prices is good for U.S. equities--bad for asshat oil investors.
Comments:
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OIH and XLE are not down nearly as much as they should be considering the oil collapse today. I'm wondering if this is a signal to start buying some of the drillers.
The stocks lead the commodity. They rise and crap before oil itself.
I am wondering why my SU isn't going back to the 40s. That's where it was when oil was in the 50s.
I am wondering why my SU isn't going back to the 40s. That's where it was when oil was in the 50s.
Broker-
I bought some VLO at $48.50 in Sept, stayed with the bitch to $56, and have now watched it come back to where I bought it. The stock represents less than 10% of my portfolio, should I just hold on for the ride? And when I bought it, oil was at $67/barrel.
I bought some VLO at $48.50 in Sept, stayed with the bitch to $56, and have now watched it come back to where I bought it. The stock represents less than 10% of my portfolio, should I just hold on for the ride? And when I bought it, oil was at $67/barrel.
Broker I could not be more bullish oil at this point and I want to go long like crazy at these levels. Do you think I am fucktardedly out of my mind? If you fuckers think oil is going to 35 then Israelis and Palestinians will allies against Iran tomorrow.
"Broker I could not be more bullish oil at this point and I want to go long like crazy at these levels. Do you think I am fucktardedly out of my mind?"
That's because you are an asshat. No offense intended, of course.
I sold part of my GLBC position-- in order to raise a little cash-- just in case.
That's because you are an asshat. No offense intended, of course.
I sold part of my GLBC position-- in order to raise a little cash-- just in case.
wrong again oh maestro....
oil is nearing its total bottom....risk now stands very low...market time to buy in in three stages...yes catching that proverbial falling knife....you say majors are moving out...wrong again...they are moving IN !!!!!.....geez.....you afraid..your bearishness is just another beautiful buy signal.....this was not a weather move down.i do not expect a quick snap back but that also can happen...the NASDAQ should get rocked here !!!! down!!!!!!....markets are nearing very troubled points....my cash positon end of the year was at 50%...most liquidated out of said oil patch...and now....guess where i am about to replant it !!!!!! yes yes yes....that will be oil....and natty gas!!!!
you see its buy low..sell high....allow the trends to develope and reverse....p/e ratios good....government tampering done(yup certain of that)....goldmans boys now ready to let off the neck of the oil can...and away we go....
ask yourself with the great insty holdings in oil if this could or would stay here long??? what would that do to the market....forced margin calls and hedge fund disasters......watch....and....now go off on another patented tirade calling me names...lol.....
oil is nearing its total bottom....risk now stands very low...market time to buy in in three stages...yes catching that proverbial falling knife....you say majors are moving out...wrong again...they are moving IN !!!!!.....geez.....you afraid..your bearishness is just another beautiful buy signal.....this was not a weather move down.i do not expect a quick snap back but that also can happen...the NASDAQ should get rocked here !!!! down!!!!!!....markets are nearing very troubled points....my cash positon end of the year was at 50%...most liquidated out of said oil patch...and now....guess where i am about to replant it !!!!!! yes yes yes....that will be oil....and natty gas!!!!
you see its buy low..sell high....allow the trends to develope and reverse....p/e ratios good....government tampering done(yup certain of that)....goldmans boys now ready to let off the neck of the oil can...and away we go....
ask yourself with the great insty holdings in oil if this could or would stay here long??? what would that do to the market....forced margin calls and hedge fund disasters......watch....and....now go off on another patented tirade calling me names...lol.....
You're an asshat.
Oil is going to get fucking knifed in the AM. being a shareholder of many oil stocks, I am not happy.
With that being said, you are still an asshat.
Oil is going to get fucking knifed in the AM. being a shareholder of many oil stocks, I am not happy.
With that being said, you are still an asshat.
help ..help i am cut......oh the pain...the pain....hey.....wait a minute....you threw a packet of ketchup at me from burger king......lol.....
man if you cant laugh at that sumpin nyust taint right wit yo heads....yo......
now where is my scotch...oh yes right next to my cigar....sonny
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man if you cant laugh at that sumpin nyust taint right wit yo heads....yo......
now where is my scotch...oh yes right next to my cigar....sonny
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