Abdullah Bin Salamin hints at clockwise turn on spickets from All Members , targeting 80 Buckz a barrel to kick off summer .
The 90 strikes were emplaced months ago , with the big houses all on same page. This is gradually extinguishing and higher strikes contracts being written . look at call volume for November.
With the exception of Nigeria and Venezuela , there are smiles of triumph ! They squashed the likes of LINE and SDRL , and patiently plotting the next big spike , along with partnering with Exxon . Holding My shares and adding on the 10th .
I not parting with My Shares. When the 90 dollar strike get breached , it going to surge. Stock being kept under 90 for last few weeks , however , heat seeking indicates major price spike before Halloween expiration . Can happen at any day , so sit tight , enjoy the div . When crude spikes , it will not be incremental , it will be unlike anything prior . Nobody knows what the impetus will be , or , when , but Old Man Stench has seen this type of Chitz in the past . Mid East hostilities have been simmering for several years now , soon to boil over........... Then , there is S. America , with pro Chavez remnants chanting louder and louder , things are getting so hot in Venezuela , the " sulfuric fumes" are drifting across The Entire Continent , and no George Bush to blame this time !
The vacation season kicks off This Weekend , with Americans expected to turn out in record numbers , driving around in the new F 150s that are rolling off the lots faster then can be produced in the Dearborn plants.
The Cartel Nations are rapidly losing patience and civil unrest continues to increase , while Russian Military Experts are disgusted with budget cut backs . The cost of keeping aging subs and destroyers with fresh coat of paint draining the bank accounts , let alone all the recent upgrades and ambitions of Naval Big Wigz , and vodka has been the only solution , leading to somewhat bellicose diatribes and demands from Generals to wipe out SA infrastructure in an effort to break the stranglehold on price manipulation from competition.
Meanwhile , Exxon Shares continue to trade sub 90 , due to huge volumes of options on both sides of the trade , and , despite fundamentals ( crude spiking to 50 ) , it is being compressed artificialy , poised for a major breakout , most likely to occur the week following the 6 / 17 expiriations , if , the crude rally continues .
TalHeadz are already planing to announce a dramatic sea change in production , aimed at providing a much needed windfall to smaller potato members of OPEC , Venezuela in particular , along with Nigeria , and Americans are going to be rudely awakened soon , with gasoline reportedly headed up by over 50 % per liter .
Bin El Salimin was the designated scapegoat , replaced with a young playboy , with a penchant for drag racing the dunes in souped up Range Rovers and betting heavy on the camel races , and has a ruthless agenda , already sugar coating ambitions , with nominal futures pricing being hinted at only 65 per bbl ; this veiled , low ball prediction is strictly the ointment application , designed to comfort American Drivers , prior to the Big Bang , sending gas prices to $ 3.59 per gallon by Independence Day , and causing XOM short traders into the realm of wearing Dependz Undergarmentz .
Americans can go whistle Dixie and Yank Their Doodles.......... OPEC Nations need an immediate windfall to pay for new adornments for Dictators and Generals , and new custom A 380s with water beds and Range Rovers in cargo bay , along with a Bombardier tucked in the side for bar hoping while visiting non dry countries like The U.S.A. . This all cost mucho dinero and Americans can now start coughing up whilst They tool around in Their Redneckz F 150s.
El Bin is out , and new young Shiek wants a minimum of 65 per barrel to " balance " things out in near term , then well above 100 , which will hel fund lavish lifestyle and buy latest arms.
It is like a coiled spring . If oil continues to 65 , We be into 100s early June. The Big Boys can no longer all be on same page with keeping it under 90 . Even GS changed course recently , which is a shot across the bow to all the smaller potatoes .
New regime wants OPEC to get a handle on the crisis and cut production , this will insure a minimum 30 % hike for summer driving and increase revenues to Cartel Members by over 1 Billion per day. - It is coming , folks , so sit tight and enjoy the impending rally to all new highs and a first time 3 for 1 Splitz.
The next quarterly 4 dollar day is near , whereas the next leg up takes XOM to high 90s , and any sustained oil spike takes it to new all time highs , with a 3 for 1 Splitz in the cardz.
If 90 resistance gets smashed , it goes to mid 90s for next holding pattern. I surprised by the 90 mark getting hit this week , given all the failed attempts recently. Options traders are worrisome of oil price heading north.
The div drip will be paying between 95 and 100 , if 90 holds Today.
This sub 90 chitz is getting long intooth. We like a tightly coiled spring awaiting break out. GS touting oil now , so the writing is on the wall , and , writing on future call strikez is due for a sharp rize..... '
Time to get XOM well into the 90s and break the short options traders in the 80s . I want to see this back above all time highs and begin trading between 100 and 120 , , leading to a long overdue Splitz !
Lets put a complete end to buybacks as well .