Full positions with calls and oil stocks.
Posted by keithsan on :
no way
Posted by glassman on :
i been trying to tell you guys IMO 50$ is new floor...
Posted by glassman on :
China has too many US dollars...
Posted by keithsan on :
i dont buy nuttin at its highs
Posted by mryj2000 on :
If you want to be rich, my oil calls.
Posted by mryj2000 on :
pque. tmr xec xom rem
I love xom. they raise the gas price recently. we pay too much to them. Then we make money from XOM's stocks and options.
Posted by mryj2000 on :
oil stocks may shake today due to option expir tommorow.
Posted by mryj2000 on :
EPL GI TLM up quietly.up 3 days down 1 days.
QQQQ up 1 days down 3 days.
Posted by mryj2000 on :
Oil stocks is the only long you can buy in market.
Posted by mryj2000 on :
APRIL OIL 57.10 now. uptrend continue
Posted by HitMe101 on :
SVSE tell everyone :
Posted by mryj2000 on :
ANR TGA MCF POG
all good long oil stocks
Posted by keithsan on :
even oil companies with zero revenue are moving, I agree prices will stay high, but buying into this....
LRT nice bounce today after retrace from highs, CNR also playing well
Posted by mryj2000 on :
ato shi ptr
Posted by mryj2000 on :
quote:Originally posted by keithsan: even oil companies with zero revenue are moving, I agree prices will stay high, but buying into this....
LRT nice bounce today after retrace from highs, CNR also playing well
LRT looks goo buy here. Posted by mryj2000 on :
some guys said GEOI replace BOOM as a new strong stock. and GEOI will even go to 100!!!!
Posted by glassman on :
mryj, i'm surprised at you...i can never remember you "promoting" a stock... Posted by ththf on :
XOM calls up a lot from yesterday. Good luck if you hold from yesterday. offset the loss in my qqqq puts.
Posted by keithsan on :
LRT pays a div too......
sold my qqqq calls this morning, now I bought some puts. bounce should be over at lunch
Posted by mryj2000 on :
quote:Originally posted by glassman: mryj, i'm surprised at you...i can never remember you "promoting" a stock...
no no. I don't suggest you to buy GEOI here.You can choose other oil stocks at low. I just copy it from yahoo board. this is gamble I know. if I load it , I may only buy few hundreds shares.
Posted by glassman on :
so, you guys are keeping track of the "frothiness" we are seeing....
should i break out another Pro BULL yet or will that be tomorrow?
(i like Little Yellow Jacket, but there a few other good ones)
Posted by keithsan on :
i'm on a put and i think the q's broke their uptrend and will break 2000 in the coming weeks. so make it a bear
Posted by keithsan on :
bake over 57.Q's dropping Posted by Purl Gurl on :
Correct timing to sell oil stocks was seven to ten days back. It will be downhill from here. I dumped our oil stocks three weeks back.
Price of oil has reached a point to be destructive to world economies, and it is destroying economies. Regardless of how much "potential" a given oil stock displays, it will lose value. This is in strong evidence already.
My suggestion, in another thread, is to move into raw materials not related to oil, and into services which are "close to home" types.
The consumer market is quickly falling apart, and oil price is the main cause.
People cannot afford to buy gasoline. Shipping companies cannot afford to buy gasoline. Truckers cannot afford to by diesel. Makers of oil based products cannot afford to make thier products.
Almost all products depend on oil. Almost all products are too expensive for a majority of world populations, including Americans.
You have been keeping up with news about time immortal General Motors, yes?
"As GM goes, so goes the country."
- some Eisenhower cabinet member
Purl Gurl
Posted by glassman on :
OPEC says they are gonna increase some more.. LOL
Posted by mryj2000 on :
XOM's call up again.
Let's buy more to push it higher
Posted by Purl Gurl on :
OPEC is going to help us! Sure. Those terrorists are are going to do us a favor. What a laugh. OPEC is just taunting us, just rubbing it in.
Glassman, you know what really annoys me about President Cheney being bent on destruction of our world evironments? He is doing so simply to profit himself, his family and his oil friends.
Destroy Alaska, destroy the last and most fragile natural wonder of the world, for a five percent increase in oil supply some ten years from now?
Ten years from now oil demand will be up fifty percent. That five percent from Alaska will make absolutely no difference, and we will spend over ten-billion dollars cleaning up the oil spills which _will_ result and will prove to be a very permanent disaster; oil never goes away.
Remember the Exxon Valdez? We are still paying for that one. Captain of the ship was probably a republican henchman.
Who is arguing for destroying Alaska the most?
Alaskan republican senators, Ted Stevens and Lisa Murkowski; traitors to their own state!
If you can, catch a private screening of the movie "Oil On Ice" which is about the government rape of the Alaskan environment and peoples. Many universities and colleges are screening the movie to help stop the republican rape of America and our environment.
"Walk with the Earth, not upon Her."
Purl Gurl Choctaw Nation
Posted by mryj2000 on :
No way. for stock market, down 3 days up 1 day; for oil stocks and oil future, down 1 day up 3 days.
you cannot be against the trend.
Posted by mryj2000 on :
37 oil stocks in 40 stocks of my watch list are green. average up 2-5%
Posted by glassman on :
it would not surprise me to see oil prices drop back down AFTER the ANWR is officially opened by the house and senate....a signature by Bush would not be required, because it's a foregone conclusion...
the amount of money we have/spent/are spending in "freeing" the mideast could have been spent here in america removing US from our oil dependance... it can be done, lack of imagination stifles us tho...
hundreds of billions on war instead of research and infrastructure development ... \
what was that Springstein song? "i took a wrong turn and i just kept goin." everybody's gotta hungry heart...
Posted by Purl Gurl on :
Have you looked at BSIC, CNR and XOM?
IVAN is the only oil stock I am watching which is still up, but just barely. IVAN, however, is a pure speculation play, always has been.
I see oil stocks crashing right and left. XOM has lost four dollars per share since March 9.
Purl Gurl
Posted by mryj2000 on :
quote:Originally posted by Purl Gurl:
IVAN is the only oil stock I am watching which is still up
Only??? Now they are all paced well and they will continue to move up with crude price.
all oil get surpported at 50 average and start next run.
Posted by glassman on :
i agree that oil is 50 or more for the foreseeable future...and i expect it to remain highly "speculative" for weeks or even months.
Posted by mryj2000 on :
EENC TLM GI CLK SNR all perform good and have good FA.
Posted by mryj2000 on :
XOM go to new high. my call Posted by Purl Gurl on :
Support at 50 per barrel. A price of 55 per barrel is an economy breaker.
Watchers are suggesting $3.00 per gallon of gas prices here in California. Our economy will grind to a complete halt, and take the nation with it.
Currently, California is leading America into a recession. This cannot be stopped under current conditions and current government policies.
High oil prices cannot be sustained; there will be a crash and soon.
Purl Gurl
Posted by gmh37 on :
Plus - CHK, pays Div.
gmh37
Posted by Purl Gurl on :
CHK is down a buck a share since March 8. The peak on oil stocks has already come and gone. It is all downhill from here, for almost all stocks, not just oil stocks.
Maybe I am wrong. The future will be here soon enough.
Purl Gurl
Posted by mryj2000 on :
EENC fly in last 4 minutes
Posted by Machiavelli on :
dont know why anyone would buy at its peak lol you should of bought when it was approaching $40 per barrel not now when its way up there...
Posted by mryj2000 on :
I don't think 40 will be reached in 2005.
we may go back to 50. But maybe late this year.
Posted by alan93 on :
Didn't Alaska vote Republican in the election?
Posted by gmh37 on :
quote:Originally posted by Purl Gurl: CHK is down a buck a share since March 8. The peak on oil stocks has already come and gone. It is all downhill from here, for almost all stocks, not just oil stocks.
Maybe I am wrong. The future will be here soon enough.
Purl Gurl
PurlGurl CHK is UP 0.80 today again. I have this Stock for a long time and bought it when it was $ 8.50 plus it pays Div. so take that to the bank, lol
gmh37
Posted by keithsan on :
i saw it on cnbc about 2 mins before you posted....
Posted by d6veteran on :
quote:Originally posted by glassman: the amount of money we have/spent/are spending in "freeing" the mideast could have been spent here in america removing US from our oil dependance... it can be done, lack of imagination stifles us tho...
hundreds of billions on war instead of research and infrastructure development ... \
I agree and it really bums me out. There are great alternative solutions available *today* yet the oil lobby does everything to make it seem like alternative enrgy sources are pie in the sky.
Posted by Machiavelli on :
quote:Originally posted by mryj2000: I don't think 40 will be reached in 2005.
we may go back to 50. But maybe late this year.
Well I meant when it was at below $40 a barrel.. and everyone was making hooplah about it might going over $40.. now that its way over no sense in entering it because warmer weather is around the corner and it will go back down...
Posted by glassman on :
[/QUOTE]I agree and it really bums me out. There are great alternative solutions available *today* yet the oil lobby does everything to make it seem like alternative enrgy sources are pie in the sky. [/QUOTE]
and then if you suggest that maybe we are on the wrong path they call you a wimp and unpatriotic...
Posted by keithsan on :
currently 40% of the oil we use comes from us.
listen you unpatriotic wimp
personally, i like what MIGHT happen in the middle east...
I don't like what has happened in the past, the times they is a changin'
Posted by glassman on :
not the point..Keith..and you know it..
do you realise how much research can be done on 5 billion dollars? or how many MCEL type comapnies could have benefited (and yeah we could have traded on) with 100 billion....
the mid-east is only our problem because we NEED it... they should be responsible for their own problems... they finance themselves off of US...
Posted by d6veteran on :
quote:Originally posted by keithsan: currently 40% of the oil we use comes from us.
listen you unpatriotic wimp
personally, i like what MIGHT happen in the middle east...
I don't like what has happened in the past, the times they is a changin'
Yep it is easy to forget how much oil *we* produce. However, that isn't an argument against reducing oil consumption.
With respect to reducing consumption/dependance on foreign oil (currently over 50% of our consumption), take a look at what that is doing to the trade deficit. Take a look at where that money is going. Take a look at how that drives foreign policy. No good answers to be found there.
We need to cut our consumption dramatically for several reasons.
Oh an remapping/reshaping the political landscape of the mideast is what got us in the current sham (see 1945-1952). No judeo christian alliance is going to succeed in reshaping what they fundamentally cannot understand - imo.
Posted by keithsan on :
Oil lobbies make my oil stocks go up, healthcare lobbies make my healthcare stocks go up. my teachers union makes my salary go up.
...if there is money to be made in an alternative resource, someone will make the money.
"what they can't fundamentally understand" are you kidding me thats blatantly racist! Is that why our poor don't vote too, its not in their blood. OUCH! whose your father jimmy the greek
a) we are not remapping. b) they went out to vote! call that a sham if you want, but they did, and they did it for a reason. They didn't have too. The protests in Lebanon, the want of democracy in iran.... (i'm not fighting for our policies in any specific form) currently the climate there is changing, thats just a fact, This ain't the fifties anymore. There is much more of a global world for better or for worse.
glass, we do need it, we didn't need kosovo but it was our problem too. you cant leave out a certain forced mentality in that part of the world that has caused us trouble here, status-quo didn't work which should be obvious to everyone.
Posted by glassman on :
"what they can't fundamentally understand" are you kidding me thats blatantly racist! Is that why our poor don't vote too, its not in their blood. OUCH! whose your father jimmy the greek
nothing racist about that Keith... they don't have the same values that we do.... they won't have the same values as we do ...
and FREEDOM means the ability to choose your own values...
if we ever leave? they will waste no time "undoing" most of what we claim to have acheived...
Afghanistan is NOW supplying 60% of the world illicit opium...hmmmm....
Posted by keithsan on :
not having the same values means they can't understand?......
Can't you understand value systems that you agree or disagree with...
on part 2) i'm not expecting them to have the same values as "us" (especially me) nor am i trying to force them. If there value system said voting is stupid wouldnt they have stayed home...
Posted by keithsan on :
Hey you added stuff....
Yes they can chose their own values, some of my students values are to commit drive-by's thats their right, and there is a consequence for their action.
....are you saying the afghanistanies (sp?) were better off under taliban rule, because america and europe are bothered by cheap heroin.
Women can go to school in afghanistan now, they have a new government, in time if they want, they will take action against poppies.
We have an old gov't and can't stop production of drugs in our country.
"if we ever leave..." maybe they will, thats their right.
Posted by glassman on :
our culture is INFANT compared the theirs. this is typical American hubrus...we expect immediate results in everything...
yes there are good things happening, BUT, what price for trying to accomplish all of this overnite?
i quoted President Bush yesterday...even he admits that giving them freedom is no garuntee of gaining a real ally...even worse? he suggested that THEY would vote for guys to fix pot-holes and put bread on the table...
is that what WE did? NO, why should they?
Posted by cruz on :
You got that right Keithsan!
quote:Originally posted by keithsan: i dont buy nuttin at its highs
Posted by cruz on :
That's not a bad idea - BUY raw materials.
quote:Originally posted by Purl Gurl: Correct timing to sell oil stocks was seven to ten days back. It will be downhill from here. I dumped our oil stocks three weeks back.
Price of oil has reached a point to be destructive to world economies, and it is destroying economies. Regardless of how much "potential" a given oil stock displays, it will lose value. This is in strong evidence already.
My suggestion, in another thread, is to move into raw materials not related to oil, and into services which are "close to home" types.
The consumer market is quickly falling apart, and oil price is the main cause.
People cannot afford to buy gasoline. Shipping companies cannot afford to buy gasoline. Truckers cannot afford to by diesel. Makers of oil based products cannot afford to make thier products.
Almost all products depend on oil. Almost all products are too expensive for a majority of world populations, including Americans.
You have been keeping up with news about time immortal General Motors, yes?
"As GM goes, so goes the country."
- some Eisenhower cabinet member
Purl Gurl
Posted by d6veteran on :
I tried to think for awhile and figure out how my comment was interpreted as blatantly racist. I honestly can't see the angle keithsan.
To clarify, when I say *they* cannot fundamentally understand I meant the judeo-christian ideology that is currently attempting to reshape the region. In other words the US military and diplomatic presence there. How is that racist?
It took me 5 years of friendship with an Iranian immigrant to come to a basic understanding of religion and politics and customs in that region ... you expect an 18yr old marine with a high school eduction to grasp it under fire? I just think back to when I was 18 and what I was doing.
There are fundamental differences between the two cultures. Turning a blind eye to those differences is exactly why we're in the bind we are today.
I think recgonizing that difference is a sign of respect if anything.
Complex issue and I don't mean to sound like I can boil it down simply and be right on all accounts. It would be a wonderful thing if we were spending a portion of our war bucks on educating ourselves on the impact of our dependence on foreign oil.
If I made 40% of the oxygen I need to stay alive, I'd still need 60% from somewhere else. That is a strong dependence! I'd do just about anything to get that 60%. I wish I could find the map I saw last month showing the top ten foreign oil supplier with our current military deployment. Why should I think the interest is to free people and not the flow of oil to our borders?
Posted by keithsan on :
G-civilization(culture) yes, government no. your right on bush's quote, we should've killed em all and took the land and oil, still wouldn't be a guarantee but....I like your thinking. Lets hope thats what happens with Iran. Although I have a couple of friends whose grandparents and friends from school are there so hopefully they can come here first.
d6 it was your quote so lets use it on you,
he/she cant keep a family take care of his/her kids because "those people can't fundamentally understand" (You can choose the statement to be about your skincolor, religion, sex)
wasn't that what they said in the segregated south: dem's don't know no better, dem's can't learn.
yes there are differences in culture i also said that.... you responded to me stating "times are a changin'" if you don't think anything is changing you are blind.
They are and its fantastically interesting, we don't know what will happen with palestine\isreal, iran, iraq, syria/lebanon, but there ARE people who are culturally different there wanting and fighting for democracy, its fascinating to watch.
This was not happening 2 years ago, it IS happening now, Bush gets partial credit for being stubborn on the issue, Arafats' death was huge, the lebanese protests are amazing to read about. I loved wathcing and reading about Iraqi's voting.
...none of us have the answers nor know what will happen but there is history being made there...
on whether we went there for people or oil, i'm not getting into it, some people have no blood for oil signs, others laugh. I made no political statements when i wrote, if we need money for oil, the gov't should check on all the waste and theft going on in there programs in this country, there is your money....start with welfare...
Posted by d6veteran on :
quote:Originally posted by keithsan: d6 it was your quote so lets use it on you,
he/she cant keep a family take care of his/her kids because "those people can't fundamentally understand" (You can choose the statement to be about your skincolor, religion, sex)
The fallacy here is that the relationship between a parent and his/her child is not the same as the US to say Iraq. However -- and I don't know if that is an intentional slip of yours -- making that comparison is exactly the type of problem I am identifying in our presence in Iraq.
Posted by d6veteran on :
quote:Originally posted by keithsan: G-civilization(culture) yes, government no. your right on bush's quote, we should've killed em all and took the land and oil, still wouldn't be a guarantee but....I like your thinking. Lets hope thats what happens with Iran.
On that note I am going to have to step away from this conversation. I hope I can raise my daughter to have a considerably greater level of compassion to offset this type of attitude that is eating the heart right out of a America. Makes me sad.
Posted by keithsan on :
quote:Originally posted by d6veteran:
quote:Originally posted by keithsan: d6 it was your quote so lets use it on you,
he/she cant keep a family take care of his/her kids because "those people can't fundamentally understand" (You can choose the statement to be about your skincolor, religion, sex)
The fallacy here is that the relationship between a parent and his/her child is not the same as the US to say Iraq. However -- and I don't know if that is an intentional slip of yours -- making that comparison is exactly the type of problem I am identifying in our presence in Iraq.
I was not speaking of u.s. Iraq policy, i have not stated my opinion nor will. It is to long for a bulletin board, and i'm not ignorant enough nor do I love/hate bush enough to state it is all good/bad.
Posted by keithsan on :
quote:Originally posted by d6veteran:
quote:Originally posted by keithsan: G-civilization(culture) yes, government no. your right on bush's quote, we should've killed em all and took the land and oil, still wouldn't be a guarantee but....I like your thinking. Lets hope thats what happens with Iran.
On that note I am going to have to step away from this conversation. I hope I can raise my daughter to have a considerably greater level of compassion to offset this type of attitude that is eating the heart right out of a America. Makes me sad.
That quote was for G, not you, we have a different style of interaction and he does not speak in racist overtones.
If you say i'm not compassionate you are highly mistaken. You can fix all your problems with america and other places, there is plenty of areas that need compassion. I hope your teaching by your actions not just complaining about policies....that never gets anyone anywhere and is also why I'm not getting into policy detail.
Posted by glassman on :
yes keith and i do use a lot of sarcasm towrds each other...
i have to say that keith and i have hashed this out for hours and hours before and it doesn't accomplish a damn thing...
cuz we are each stubborn enough to pull Purl Gurls plow, if she would only harness us up...
Posted by keithsan on :
hash what out G
thats why i tried to stay out of policy argument. I've got a list of facts to take 6 different sides of the Iraq policy and they can be mixed too....its good practice for law....
Posted by glassman on :
so now i'm your lab rat eh? LOL i think i'd rather be PG's mule...
Posted by keithsan on :
NO way G, you helped me hone my skills, for arguing in Greece, although iraq was bad with family and friends, the arguments over kosovo with strangers was crazy.....they would come up on the beach, you from america, what do you thinik of kosovo and the albanians..... response: i love it.....always fun meeting strangers.
Posted by Raptorsrule on :
That's because both Keith and you.... Glass are as we say in Texas....set in your ways...LOL.....
Both of you have your points IMHO.....which leads me to say this.....at some point we must all realize that it boils down to what is right and what is wrong....you know...morals....it is bad to kill...it is bad to steal...etc....No religious overtones intended.....just morals....
There is no doubt that democracy and freedom inspire people to rise above. Keith is right...it is truly remarkable that people are longing for and aquiring freedom in the middle east....a totally different culture and people tasting freedom....Let us hope that they reap the fruits of our and their sacrifices.
Posted by keithsan on :
stubborn, this is all i said and I was attacked like a bad dog
"currently 40% of the oil we use comes from us.
listen you unpatriotic wimp
personally, i like what MIGHT happen in the middle east...
I don't like what has happened in the past, the times they is a changin' "
meanies. Posted by glassman on :
i think the title of the thread kindof puts it in perspective, we are trying real hard here to figure out how to approach this market, even tho this is pretty bad for the economy...
crude at 57 is nothing to cheer about...
Posted by GVMOORE on :
Thanks PJ for AMEP. High oil prices are her to stay. These little boys are going to see profits. Thanks fo putting cash in my pockets.
Posted by keithsan on :
this is weirdly interesting if you have time oil and the future
looks to sell oil stocks. bunch of small bad news.
Posted by mryj2000 on :
GSOL gap down .
Posted by ththf on :
XOM go to new hign. GEOI continue move
Posted by ththf on :
PQUE CRK start to move again.
Posted by mryj2000 on :
EENC TLM GI CLK SNR POG all hold well here
Posted by mryj2000 on :
Oil start to move again.
put this on your watch list.
EENC TLM GI CLK SNR MCF TMR HEC PQUE TGA XOM POG
Posted by ththf on :
SOX drop like a sh*t.
Dump SOX QQQQ buy Oil stocks.
Posted by ththf on :
market confidence is so vulnerable. any nimble blow could hit it down. BUT, VIX at very high value now. any push by big shark could make largely short covering.
Hold short but watch carefully.
Posted by ththf on :
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