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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (8586)6/9/2008 9:40:27 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71408
 
The usual intervention, once more. My nerves... at least I press "SELL"



To: Giordano Bruno who wrote (8586)6/9/2008 10:28:11 AM
From: Real Man  Read Replies (1) | Respond to of 71408
 
Gas moving sharply higher decreases oil consumption. Gas
stayed roughly at 2.60-2.90 per gallon until recently, while
oil spiked. Gas moving higher everywhere, not just the USA,
many countries lifted the subsidies. So, futures longs are
a bit naked here. This is bearish for oil.