http://www.thestreet...6.html#10416116
Fearless Forecast on Oil
Started by
redfoliage2
, May 12 2008 03:19 AM
4 replies to this topic
#2
A-ha
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Posted 12 May 2008 - 06:41 AM
hey lets round it up to $300 so we can solve the obesity problem once and all 
#3
nimblebear
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Welcome to the Dark Side !
Posted 12 May 2008 - 09:20 AM
crush the speculators by opening SPR fullthrottle for short period. and OPEc open flood gates at same time. Bwahhh hah hah That'll never happen. 
That'll never happen.
OTIS.
#4
kaiser soze
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Posted 12 May 2008 - 09:32 AM
I just tried shorting USO and OIL. Both securities are currently unavailable for shorting.
Question is : Is it the smart money or the dumb money that has backed up the truck and loaded up on shorts.
Despite the COT data showing small specs heavily short, I am inclined to believe from the the crude price charts and the action of oil stocks that it is smart money is distributing/shorting Crude at the 125-126 level.
#5
redfoliage2
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Posted 12 May 2008 - 09:35 AM
I just tried shorting USO and OIL. Both securities are currently unavailable for shorting.
Question is : Is it the smart money or the dumb money that has backed up the truck and loaded up on shorts.
Despite the COT data showing small specs heavily short, I am inclined to believe from the the crude price charts and the action of oil stocks that it is smart money is distributing/shorting Crude at the 125-126 level.
With this kind of shorting $200 should be here pretty soon.
