Only the refiners are bouncing around now. The market is dead. Everyone has left the market. I guess people think a quick buck at a refiner oh well all I can say is GO FOR IT
The fat bankers have this game down pat. Bankers need to be removed from the trading market. They are not experts on every industry, but for some reason stupid people listen to them
These banks have to get out of energy. The drillers have been slammed and just about every stock related to energy has been slammed. The US will not out produce OPEC and Iran and all those countries in the Mideast that were offline that are on line. The Mideast does not like losing its power position. They are going to bomb the price of crude for 2014 starting today as they always do and drive US production into nothingVLO will not be looking at WTI, they will be looking at Brent.
Prediction....in the next few (2 to 3) days will be looking at $$43 to $44 and that is the 10% drop I said from the top
They have done this to every stock for the past 3 months and they sell!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Thats market manipulation, because they are showing a opinion and using their influence
You are absolutly wrong domino. I am right 99% of the time. MY only error this year was FSLR. I admitted to that my friend. I cashed out of that trade last week and took a little haircut, but I took over 6 figurres in earnings out of the market this year. Close to a 1/4
WhatwasItb4, I am making money. friday I place a price on a waterfront property with a dock and pier and bulkhead and boat lift 4500 square feet. Market Value of the property is $800 K My cost 350K They have until 500PM to accept and still no answer. It looks really good, the property has three fireplaces 3 floors. Like I said I am moving to more profitable markets
There are many Black swans out there. I do not trust the data at all. Heres the thing, over the weekend, there was 5 class action lawsuits that were filed for manipulation of of the WTI and Brent spread. Everyone that was involved has exited the trade. I have no doubt Goldman Sachs is somewhere in this trade as well as JPM. The point is this spread is going to close very fast now that the SEC has there eye on it
How many people here think that this bull market, wonderful as it is, is built on a foundation of robust and impressive macroeconomic growth and policy choices that are laying a foundation for impressive growth in the years that lie ahead? And how many think that it's [built on the Federal Reserve's] printing press? I prefer to play in markets that are priced attractively, priced to offer strong, long-term returns, not ones that are expensive.