| Author |
Message
|
| chevrolet |
 Posted: Thu May 22, 2008 10:56 pm Post subject: Crude Oil is all high again ............. |
 |
|
Investing Associate
Joined: 22 May 2008
Posts: 40
This Month: 0
17672.06 e$
Net worth: 17,672.06
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| Crude oil started off on a positive note. It rose to $135 a barrel when U.S stockpiles dropped unexpectedly and traders closed losing trades on bets that prices would fall. Oil has risen 19 percent this month as analysts have increased their price forecasts because of supply constraints and demand growth. Everyone's jumped on the bandwagon and there's agreement that $200 is possible and that's getting more people into the market. They have very little supply cushion going forward and that's playing into the minds of investors. Rising oil prices are starting to affect other areas of the economy, particularly the transportation industry. There are rising concerns it will slow growth as increases in fuel cause costs to surge. |
|
| Back to top |
|
 |
| frusnak |
| Posted: Thu May 22, 2008 11:40 pm Post subject: Re: Crude Oil is all high again ............. |
|
|
CFO
|
| chevrolet wrote: | | Crude oil started off on a positive note. It rose to $135 a barrel when U.S stockpiles dropped unexpectedly and traders closed losing trades on bets that prices would fall. Oil has risen 19 percent this month as analysts have increased their price forecasts because of supply constraints and demand growth. Everyone's jumped on the bandwagon and there's agreement that $200 is possible and that's getting more people into the market. They have very little supply cushion going forward and that's playing into the minds of investors. Rising oil prices are starting to affect other areas of the economy, particularly the transportation industry. There are rising concerns it will slow growth as increases in fuel cause costs to surge. |
Wow, I would have never thought...   |
|
| Back to top |
|
|
| chevrolet |
| Posted: Thu May 22, 2008 11:51 pm Post subject: |
|
|
Investing Associate
Joined: 22 May 2008
Posts: 40
This Month: 0
17672.06 e$
Net worth: 17,672.06
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
thanks for replying..
I think you my post has helped you. Try trading on OIL using www.gnutrade.com platform. Gnutrade is a new financial and different game with lots of new features and probability of winning is high..
give it a go and trade on oil |
|
| Back to top |
|
|
| yogi-in-oz |
| Posted: Sat Jun 28, 2008 6:58 am Post subject: Crude oil ... astrostuff update ..... :) |
|
|
Investing Manager
Joined: 15 Mar 2006
Posts: 520
This Month: 0
9050.86 e$
Net worth: 155,580.86
Portfolio Value: 146,530.00
Monthly Return: -27.33%
Trades this month: 0
Churn Rate: 0.00%Items
|
Hi folks,
Looking at the oil price forecast, our astroanalysis has us expecting a few
negative cycles for the oil price in 2008, but fill your tanks now, because
it would not be surprising to see POO hit $200/bbl, in 2009.
Here's SOME of the time cycles expected for oil in 2008 and 2009:
August 2008 ... expecting negative cycles on 01-07-15082008
September 2008 ... expect 2 positive cycles 17-19092008
October 2008 ... volatile oil price in October and November 2008:
10-13102008 ... negative cycle
14102008 ... positive cycle
30102008 ... positive cycle
November 2008 ... 04-05112008 ... negative cycle
13-14112008 ... negative cycle
17-18112008 ... negative cycle
25-30112008 ... positive cycle
December 2008 ... 01122008 ... minor cycle
05-08122008 ... minor and positive news
12-16122008 ... 2 minor and positive cycles
26-29122008 ... 2 significant and positive cycles - strong POO
More later about POO in 2009, but here's a preview of timing for extreme
prices, next year .....
21 May - July 10 2009 ... POO will likely make its first attack at peak prices,
followed by another try, particularly around 16-25122009 ... !~!
have a great weekend
paul
===== |
|
| Back to top |
|
|
| chevrolet |
| Posted: Thu Jul 10, 2008 9:26 pm Post subject: |
|
|
Investing Associate
Joined: 22 May 2008
Posts: 40
This Month: 0
17672.06 e$
Net worth: 17,672.06
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
i don't think so those astro-analysis would work the way it is buddy.
But yes oil prices can have a positive impact since there has been concerns that tensions in IRAQ would hamper the situation and the oil supply as well.
When the supply is less than the demand, then there would a inverse relationship with the price and the price will for sure go up.
Thus therefore, OIL can in near future see a positive Cycle...
there can be negative cycles also and the astro-analysis might work at some point of time... |
|
| Back to top |
|
|
| eamoses |
| Posted: Tue Aug 05, 2008 2:33 pm Post subject: |
|
|
Investing Sr. Associate
|
| i think oil will stay down for the rest of this year, and depending on the election will probably stay below 150 for 2009... things could change though- more trouble from iran would be a hard hitter. looks like it will stay steady if people don't go loony on the lower price of gas, the high price at the pump might of made an impact though |
|
| Back to top |
|
|
| chevrolet |
| Posted: Tue Aug 05, 2008 8:01 pm Post subject: |
|
|
Investing Associate
Joined: 22 May 2008
Posts: 40
This Month: 0
17672.06 e$
Net worth: 17,672.06
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
hi
I think you are correct. But Oil is such commodity where sometimes our speculation may go wrong
But I think Oil will be strong till the end of the year amidst some fluctuations
While I was trading on GnuTrade with OIL...It was quite fluctuating but thank god ..I won the basic bet on OIl |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
