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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (65274)6/20/2005 10:29:09 PM
From: shades  Read Replies (1) | Respond to of 74559
 
All I know General is that you play in ways that stack the odds in your favor over time - you plug the odds into the formulas - take the appropriate action - and have the required safeguards in place - otherwise you are just a wild gambler no - not moving silently among the bushes using the force to win.

You don't go into battle against a superior force without a superior plan - has your DEATHMATCH skills not been honed to supreme fineness with continued combat?

A 200IQ General Chen may be a mighty adversary - but against 10 million 50IQ rednecks - even he must fall.

I gave up on anything remotely resembling pennies over 6 years ago - one of the best financial decisions I ever made.

Many years ago Riley G held up his RMIL holy water and used his psycop powers and looked into my future and said - "Man who trade pennies, only left with 2 cents."



To: TobagoJack who wrote (65274)6/21/2005 5:56:15 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Oil prices could break the 60 dollar barrier Oil prices could be headed even higher and there's a prediction of three dollar gasoline.

Light sweet crude for July delivery climbed 90 cents to 59 dollars, 37 cents a barrel yesterday, a record close on the New York Mercantile Exchange.

Oil reached the new high even as the president of OPEC said the group will consider raising its output ceiling by half a (m) million barrels a day.

OPEC raised its output target by that amount just last week. But the move appears to have little impact on prices, which have risen by almost 12-dollars a barrel in the past month.

But oil tycoon Boone Pickens says 60-dollar a barrel oil is likely, calling it only a psychological barrier. He says three dollars a gallon for gasoline won't be unusual a year from now either.

Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.