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| chevrolet |
 Posted: Thu May 22, 2008 10:56 pm Post subject: Crude Oil is all high again ............. |
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| 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. |
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| frusnak |
| Posted: Thu May 22, 2008 11:40 pm Post subject: Re: Crude Oil is all high again ............. |
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CFO
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| 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...   |
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| chevrolet |
| Posted: Thu May 22, 2008 11:51 pm Post subject: |
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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 |
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| rupaknath |
| Posted: Wed Jun 25, 2008 7:40 pm Post subject: |
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hi i am rupak from india. i think crude oil price will be high due to shortage of crude oil.
regards
rupak nath |
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| yogi-in-oz |
| Posted: Sat Jun 28, 2008 6:58 am Post subject: Crude oil ... astrostuff update ..... :) |
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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
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