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Reply #31: That makese sense. demand + recovery potential + devalue of dollar = $60 oil. [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-05-09 10:06 AM
Response to Reply #5
31. That makese sense. demand + recovery potential + devalue of dollar = $60 oil.
No way oil is worth $80+ not with demand way off what it was even 3 years ago.
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  -Nouriel Roubini: Big Crash Coming girl gone mad  Oct-26-09 03:35 PM   #0 
  - Why can't oil speculators be shot on sight?  Malikshah   Oct-26-09 03:38 PM   #1 
  - Oil speculators? That would be you  notesdev   Oct-27-09 03:11 PM   #17 
     - Yup, I'm enabling it by living. Great response there, sparky.  Malikshah   Oct-27-09 04:36 PM   #18 
        - I think you missed the point  northernlights   Oct-27-09 09:09 PM   #20 
           - Oh, I got the point, but was trying to not point out too clearly that the response  Malikshah   Oct-27-09 10:19 PM   #21 
  - Makes one wonder whther eggheads like Roubini take geophysical limits in oil production into account  depakid   Oct-26-09 03:45 PM   #2 
  - He's looking at the supply NOW  Warpy   Oct-26-09 03:49 PM   #5 
  - That makese sense. demand + recovery potential + devalue of dollar = $60 oil.  Statistical   Nov-05-09 10:06 AM   #31 
  - You are talking about the equivalent of deep ocean waves  eridani   Nov-03-09 02:21 AM   #27 
  - I read a piece recently which tied 5 of the last 6 recessions to the price of oil  laughingliberal   Oct-26-09 03:46 PM   #3 
  - The commodities market is for institutional investors  Warpy   Oct-26-09 03:47 PM   #4 
  - Every financial pundit is saying  louis-t   Oct-26-09 04:02 PM   #8 
  - They might lose some of the profit they counted on making  Warpy   Oct-26-09 04:07 PM   #9 
  - Yes, the same jerks who told us everything was okay last year. n/t  barb162   Oct-26-09 10:31 PM   #12 
  - They don't call them FUTURES for nothing?  wuvuj   Oct-29-09 07:56 AM   #25 
  - Roubini has made some pretty accurate predictions including  OHdem10   Oct-26-09 03:50 PM   #6 
  - Herding is both something a herd does of itself,  necso   Oct-26-09 04:01 PM   #7 
  - You know, it only takes a hard look from a good cattle dog at a couple of  Sinti   Oct-27-09 05:19 PM   #19 
  - "It's going to go crashing down, in an ugly way."  inna   Oct-26-09 04:59 PM   #10 
  - He's the great one. But almost no one would know who you were  barb162   Oct-26-09 10:33 PM   #13 
  - He is one of my Facebook friends...  CoffeeCat   Oct-28-09 12:29 AM   #22 
  - K&R  bvar22   Oct-26-09 05:30 PM   #11 
     - Wrong?  wuvuj   Oct-27-09 09:02 AM   #14 
     - Divesting completely from stocks isn't entirely a layman's view  IrateCitizen   Oct-27-09 10:43 AM   #15 
     - Yeh. Buy some Enron stock.  AdHocSolver   Oct-29-09 01:11 AM   #23 
     - I'm talking long term....  wuvuj   Oct-29-09 07:38 AM   #24 
        - It would be, if only the fundamentals didn't still suck  eridani   Nov-03-09 02:36 AM   #28 
           - The Fundamentals don't matter when you are Goldman Sachs and you have an army of Programmed HFT  TheWatcher   Nov-04-09 05:14 PM   #29 
     - A suggestion: Only pay "down" on your mortgage if you  pokercat999   Nov-02-09 06:07 PM   #26 
        - We're experienced a similar situation...  CoffeeCat   Nov-04-09 09:00 PM   #30 
           - Generally speaking paying down mortgage and student loans are not a good idea.  Statistical   Nov-05-09 10:12 AM   #32 
     - Another case  kenfrequed   Oct-27-09 12:27 PM   #16 

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