which one is more of an idiot????
steve grasso, "oil is not rallying as much as it should" (really?)
how funny is this statement? here is an idiot who was calling for oil to go to 30 when oil was trading at the low 40s a couple of months ago
dennis gartman, someone asked this idiot, you were wrong calling for oil to go to 20s when it was at the low 40s, but now its in 60s, do you still think it will go to 20s? this idiot reply, " no no no....i said it when it was back in the 90s" (ok, maybe you did, then again you said many things, right? bottom line is, how many points you made from oil dropping from 90s to 40s? what's you best guess? i say at best 10pts for this idiot)
i made some posts when oil was at the oil after these clowns showed on cnbc calling for those ridiculous lower price targets, so i was wondering #$%$ were they thinking. i knew these idiots didnt know any better other than making big foool outta themselves
my answer to above question, both are just tooo stupid funny lol
i hope they never come back until gasl is 100++++
in my honest opinion, i still think gasl is a great long term hold. going back to 4 or 40 after the 10-1 rs is going to take sometime now.
the story for the frackers need to turn around, either we start getting m&a or better earning numbers for the coming quarter or oil to 70(not likely scenario here)
no no no no no, soon you will realise every chart and prediction is no no no BS for day to day or even month to month. why? every hft, daytrader, even fund, they all use the charts to make their predictions and purchases. what your saying is basing on future prediction which why oil and gas should be bought at these depressing levels. how many times can you say, i bought gas under 3$?
when u going from 40 to 60 in a few months, u will going to a lot of profit takers and short sellers jumping back in. GS motherfracker is picking the right time this time to bash the oil not when it was at the low 40s. one must assume they must have lost a lot of money shorting and missed out on the long side unless they were bashing and covering and buying at the sametime while they were bashing.
let's get back to the charts, how did i know oil 44 was close to the bottom back in late jan/15, read the chart of oil back to 2009(same pattern the chart and the timing) and the support line that goes all the way back back back as far as 10yrs which also hit exactly around the same range. please go draw a line for urself and convince urself chart does work, this is for ur own saaack
they downgraded OIL back in Jan/15 when it was in the low 40s, calling for much weaker oil ahead, looking what happened since. they even reiterated their bearish view many times as OIL bounced from the low
now OIL is in the 60, what else do you expect them to say this time? i know, how about giving a longer distant view on the OIL, 5 years enough? what a joke.... seriously does anyone really knows where the heck oil would be by next year, not to mention in 5yrs. these motherfrackers can kissssmyazzzzz
let's go back to the serious discussion. oil gained 50% offf the low, do expect more consolidation continue and 60-64 resistance to hold. a pullback is possible back to 50-55 area
oil 55 is in the card for sure, only matter of when
gasl could see under 3 again, waiting waiting.......
is frackers story sell off over?
down alot since einhorn came out bashing the oil frackers
gasl has been lagging behind the oil, let's see how it can hold up if oil started selling off
thing should have more clarity by next week
take a little 1/4 shares this morning, it seems to me the slide has stopped for now
2.5 vs 3$
nat gas trading trend, as usual i think there will be a mini sell offff right before the number
only buy before the number 2.5-2.6
load up the boat after the number if nat gas is positive
why are they selling oil after a positive data even after cnbc keeps throwing out target 65?
is all a game!!!!!!
oil 40s, u buy on negative data even as cnbc kept reporting 20-30s target
oil 60s, is time u sell on positive data...upside limited in the short term
what make the market bottom?
when things are bad, all people think are negatives. as the market bounce offff the low they hesitate to get buy or even adding up to their short positions because all they think are the negatives and by default it should go back down. one thing most people forgetting to realize, market is rigged by big money manipulation, they can keep pushing the market higher higher on negative news before it reached the light at the end of t he tunnel. how do u think the oil bottom recently? once these idiot traders are talking about the bottom, too late to buy and hold!!!!
oil testing the recent high as expected before the pullback to mid-50s begin....i think
cnbc idiots keep reporting oil to test 65, dont expect that to come to fruition as they had reporting oil to hit 20-30 when oil was in the 40s, never came
as oil pullback, expect nat gas to go testing 3$ mark...it must must happen
nothing go in a straight line UP or DOWN,
to reiterate, history tells us nat gas and oil will always go in the same direction long term. again for some reasons some idiot traders intend to trade them opposite.
my intuition 90% on target is telling me these greedy shorts will surfer the same faith as oil shorts. they already down 50% offff the low in a couple of weeks, expect more to come..........