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Re: Fools oil crash underway fundamentals      8-Nov-09 01:36 am    
Yeah, you've said all that before, but "oil stocks" have risen. The fundamentals don't appear to matter. The oil stocks are being used to buoy the indices and as a dollar hedge. The oil futures are of course always manipulated. Per the rise in crude to over $140/bl in 2008. The CFTC was suppose to act on those trading commodities that never intended on taking possession of those commodities, but so far nothing has happened. Another paper tiger, lip-service govt. agency.

So far, in 2009, there has been no decoupling of oil and oil stocks. It's obvious, by now, that the fundamentals have no bearing on the price of crude.
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You morons dont get it no demand all manipulation of ma...
kopach Rate it 6-Nov-09 10:20 am  
 
Re: Fools oil crash underway fundamentals
plashadpobe... (1 Rating) 8-Nov-09 01:36 am  
 
better lube up....
fourtrax88 Rate it 9-Nov-09 04:03 pm  
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Occidental Petroleum Corporation (OXY)

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