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Ajith
Senior Member
Joined: 06/Aug/2006
Location: India
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Posts: 1284
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   Posted: 05/Jan/2007 at 1:35pm |
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Crude cooling off could have negative impact on renewable energy companies as govts across the world may withdraw subsidies unless the politicians are compelled to continue under direct or indirect pressure from environmental groups/voters.
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Ajith
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 06/Jan/2007 at 5:43pm |
Whatever explaination/reason/justification for this cooling off in Crude prices, some Mungerilals are feeling that they are being unfairly punished alongwith Saddam & Associates!
There is another school of thought which says that such dips or spikes are to trigger the 'smart' stop losses & to fool the traders of reversal of trend!
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 06/Jan/2007 at 7:33am |
Wow.....A stop hunt from $78.00 to $55.00... for the last 10 months.....
What cannot be explained fundamentally...blame it on a "stop hunt"..."Smart" interesting logic. ...those who say this themselves are "Fools"...
If there are stops below $55.00 then those belong to the longs... who are believe in the Bullish Fundamental "Peak Oil" theory.... Shorts would be having stops above the market.
Trend Reversed at $70.00 and NOT at $55.00....
At $55.00... the trend just continues ...towards I dont know.
May be if this is a stop hunt bottom... then I dont know...but if it is.. then I know how to deal with it.
Edited by BubbleVision - 06/Jan/2007 at 7:50am
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 06/Jan/2007 at 9:11am |
Quite an interesting term: "stop hunt"!
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May be if this is a stop hunt bottom... then I dont know...but if it is.. then I know how to deal with it.
If you could post your strategies, it might assist few Mungerilals who read this forum. Unki dua milegi aap ko.
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Life can only be understood backwards—but it must be lived forwards
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 3142
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Posted: 08/Jan/2007 at 10:01am |
If you could post your strategies
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Kulman - I think my Long term bearish view on Crude and Copper was well known over here. I had posted them at various points of time.
I would definately post here if there is a change in view.
My longer term "Contrarian" -- Trend Following stretegy is well known.
I follow the trend of Prices....and prices alone....
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
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Posts: 3142
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Posted: 09/Jan/2007 at 5:58pm |
Crude getting smashed today once again. It is now at $54.21... at its low.
This world is certainly "Swimming in Oil"
The Fall just continues.....
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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BubbleVision
Senior Member
Joined: 05/Aug/2006
Location: India
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Posts: 3142
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Posted: 09/Jan/2007 at 6:44pm |
Guys... Its the Goldman Regig once again that has changed the world of crude Oil... Now a Low of $53.88
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You can't make money if you are unwilling to lose...It's like willing to breathe in but not willing to breathe out. -- ED SEYKOTA ....Read Disclaimer!
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 09/Jan/2007 at 10:08pm |
Thanks BubbleVision, for your views & more so for informing us about Goldman Sucks' rejig. So, they are at it again after predicting US$105.
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