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B4 The Bell Frieday September 24


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#121

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Posted 24 September 2004 - 02:01 PM

Oil holding steady DESPITE news that the US will be loaning oil from the SPR...just imagine where the price would be today without the manipulation!

#122 Ned38

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Posted 24 September 2004 - 02:02 PM

No shortage of Qube sellers

#123 An Ant

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Posted 24 September 2004 - 02:31 PM

Jokes about to break down off bear flag ?

#124

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Posted 24 September 2004 - 02:32 PM

crude at $48.85

that didn't work!

#125 machinehead

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Posted 24 September 2004 - 02:36 PM

crude at $48.85

that didn't work!

That's another record close for spot crude, isn't it?
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#126 Knucklehead Smith

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Posted 24 September 2004 - 02:46 PM

crude at $48.85

that didn't work!

Report: OPEC has lost control over oil prices

A report by the Center for Global Energy Studies asserted that the price of crude oil was no longer under OPEC control. The report said OPEC, with spare production capacity of 1.5 million barrels per day, does not have sufficient capacity to significantly reduce oil prices, which have exceeded $47 a barrel.

#127 machinehead

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Posted 24 September 2004 - 02:50 PM

"OPEC has lost control over oil prices."

That's funny, the poodits said the same thing when crude fell to $12 a barrel.

An untreatable boner is better than untreatable impotence ... for a day or two ... :o
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#128 HiHat

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Posted 24 September 2004 - 02:50 PM

Closer to Home........Has President Cheney "lost control of oil prices"??????

#129 brian4

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Posted 24 September 2004 - 02:54 PM

It's all down hill from here-blast shields up! ;)

#130 The End

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Posted 24 September 2004 - 02:55 PM

Sold ALOT @ 11.65. Bought it at 10. Replaced that with TRA today. The whole fertilizer group looks good.
NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.


--Waters

#131 machinehead

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Posted 24 September 2004 - 02:55 PM

Now the annoucements of SPR shipments to Shell, Placid, etc. are hitting the wires.

Doofuses -- don't they know crude oil closes at 2:30 pm eastern?

Energy Dept. -- sheesh -- always a day late and a dollar short ... :angry:
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#132 Yaryman

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Posted 24 September 2004 - 02:57 PM

I wonder if this has anything to do with higher oil prices?

From a story about the first ever Chinese Formula 1 race this weekend.

" While praise for Shanghai's new modern Grand Prix circuit and the glitzy downtown areas of the eastern metropolis is gushing, the bumper to bumper traffic jams are irking some... Ralf Schumacher agreed that the traffic was a drawback. "It's a very nice city, there's a lot of building going on and it's supremely clean and the food's good," he said. "The traffic though is a mess...China has seen massive growth in car ownership over the past few years and is now the third largest auto maker in the world."

No chance all those new cars in China will increase world wide demand for oil.

At least that's the mind meld at the Federal Reserve thinks.

#133 brian4

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Posted 24 September 2004 - 02:58 PM

Nice Trade TE!

#134 Tchaikofsky

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Posted 24 September 2004 - 03:02 PM

Sold ALOT @ 11.65. Bought it at 10. Replaced that with TRA today. The whole fertilizer group looks good.

TE:

Ain't it all fertilizer?

:grin:

PS: Nice trade.

#135 The End

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Posted 24 September 2004 - 03:09 PM

Look at TNH, TRA,AGU and POT. TNH has an annualised yield of 14%.
NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.


--Waters





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