Lock Limit Down Posted August 11, 2004 Report Share Posted August 11, 2004 CORRECTION Saudi announcement at 1130 Link to comment Share on other sites More sharing options...
machinehead Posted August 11, 2004 Report Share Posted August 11, 2004 tanks mh. you are bullish cawfee, though, right? Yes I am long. The Brazilian freeze scare over the weekend didn't pan out. Nevertheless, coffee is one of the few commods up today. A clue ... Link to comment Share on other sites More sharing options...
purdymouth Posted August 11, 2004 Report Share Posted August 11, 2004 U.S. Marines Say Readying for "Final Assault" in Najaf http://news.myway.com/top/article/id/25651...47|reuters.html In a sign of the growing anger against Allawi and the military action in Najaf, thousands of demonstrators in the southern city of Nassiriya called for him to step down and set fire to the local office of his political party. Link to comment Share on other sites More sharing options...
brian4 Posted August 11, 2004 Report Share Posted August 11, 2004 What ever the Saudi's are going to say can't be good look at the oil price -go you Mutha! Link to comment Share on other sites More sharing options...
Drano Posted August 11, 2004 Report Share Posted August 11, 2004 tanks mh. you are bullish cawfee, though, right? Yes I am long. The Brazilian freeze scare over the weekend didn't pan out. Nevertheless, coffee is one of the few commods up today. A clue ... Coffee's hot? Wonder how SBUX will like higher bean prices? Link to comment Share on other sites More sharing options...
HiHat Posted August 11, 2004 Report Share Posted August 11, 2004 flockofsheeples..........i been apprised the cafe may see 40's Soybeans........when they hit 510ish..........be good for long. Link to comment Share on other sites More sharing options...
BeerMarket Posted August 11, 2004 Report Share Posted August 11, 2004 U.S. Marines Say Readying for "Final Assault" in Najafhttp://news.myway.com/top/article/id/25651...47|reuters.html In a sign of the growing anger against Allawi and the military action in Najaf, thousands of demonstrators in the southern city of Nassiriya called for him to step down and set fire to the local office of his political party. so either 1000s in the militia die, or they are taken prisoner - well, i'm sure the prison guards have all been properly trained by now. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 11, 2004 Report Share Posted August 11, 2004 Its not about crude in anycase. It adds to the bears case but the reality of the situation is the markets are as overvalued as the metals are undervalued. Return to the mean will be an adventure PPT has arrived Tick gaps up +865 The keystrokes are not bigger then the market. Link to comment Share on other sites More sharing options...
brian4 Posted August 11, 2004 Report Share Posted August 11, 2004 Opening now for 77 minutes time for Piggy to fall down the stairs again, Helmets on, Buckle up! Link to comment Share on other sites More sharing options...
Guest Posted August 11, 2004 Report Share Posted August 11, 2004 "This is your head...this is your head being handed to you ... We are in charge. The markets will do as we say. We rule the world." Link to comment Share on other sites More sharing options...
RockLedge Posted August 11, 2004 Report Share Posted August 11, 2004 This is great informative article. From Prudentbear..... Fifty Dollar Oil Anybody? There is also the manner in which such oil is being extracted, notably in Saudi Arabia, which is now giving rise to heightened concerns in the markets. Saudi Aramco, the country?s national oil company, said last week that it had brought two fields into production earlier than planned, which would boost its planned capacity by 800,000 barrels a day. Unfortunately many contend that such increased production is largely the product of dangerous water injection extraction techniques, which deplete the underlying resource in a manner highly inimical to ensuring the field?s long term sustainability. Leading independent oil anal cyst Matt Simmons, who has conducted an extensive audit of many of Saudi Arabia?s major fields, has been at the forefront in terms of expressing concerns that the Kingdom can no longer open the tap wider at its key oil fields as the world?s ?plug? producer in meeting steadily increasing world oil demand. He argues that giant oil fields, such as Ghawar, might already have peaked and could start into rapid decline in as few as three years. In a recent interview with Petroleum News Contributing Writer, F. Jay Schempf, Simmons disputed Saudi Aramco?s claim that it has discovered 85 oil fields in the country and has so far developed just 23 of them, implying ample future oil supplies. Link to comment Share on other sites More sharing options...
brian4 Posted August 11, 2004 Report Share Posted August 11, 2004 What a pathetic crock of Shit..the saudi's find more oil..which is BS but even if true there are no tankers to carry it and no refinery capacity available to turn it into gasoline. Just another Shrub scam! Link to comment Share on other sites More sharing options...
brian4 Posted August 11, 2004 Report Share Posted August 11, 2004 stopped for a reasonable profit will be back in shortly! Link to comment Share on other sites More sharing options...
machinehead Posted August 11, 2004 Report Share Posted August 11, 2004 September crude is down $1.02, or 2.3 percent, at $43.50 a barrel after Saudi Arabia said it's ready to raise oil output by 1.3 million barrels per day "immediately" to help meet world demand and curb soaring prices, according to AFP. I'll fade that nonsense any day of the week! This is just today's version of the Fed's "strong economy" chatter y'day. Totally bogus ... short the piss out of it ... Link to comment Share on other sites More sharing options...
Lock Limit Down Posted August 11, 2004 Report Share Posted August 11, 2004 B4 Shrub is desperate The markets are built on lies You cant hide the truth forever but they will try until November. To bet on lies is suicide. Link to comment Share on other sites More sharing options...
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