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Started By
Message
West Texas Crude off to a bad start this morning.
Posted on 12/4/15 at 8:31 am
Posted on 12/4/15 at 8:31 am
2016 is setting up for the bottom to fall out. I will be very surprised if WTC doesn't hit the teens or single digits.
18
Posted on 12/4/15 at 8:32 am to Voorhies7
"It'll bounce back" -Every oil executive
Posted on 12/4/15 at 8:32 am to Voorhies7
looks like it'll cost even less to fill my accordPosted on 12/4/15 at 8:33 am to Voorhies7
Waiting to buy when it drops to $36.00
Posted on 12/4/15 at 8:33 am to TheAlmightySmash
quote:
"It'll bounce back"
It will. Just not for a very long time possibly
Posted on 12/4/15 at 8:34 am to el Gaucho
That 30k I sunk into truck nut stock will be missed.
Posted on 12/4/15 at 8:34 am to Voorhies7
Ugh
This isn't what I wanted to see when I got online.
This isn't what I wanted to see when I got online.
Posted on 12/4/15 at 8:34 am to Voorhies7
Sounds like a great time to raise interest rates.
Posted on 12/4/15 at 8:34 am to Voorhies7
Ignore me if this is a stupid question but a dollar drop is considered bad?
Posted on 12/4/15 at 8:34 am to Voorhies7
I missed a nice short this am 
Posted on 12/4/15 at 8:35 am to tigerbutt
I already sold one of my f250s. It's getting to be nutcuttin time.
Posted on 12/4/15 at 8:35 am to MeauxMoney
The dollar drop is temporary.
Posted on 12/4/15 at 8:36 am to uway
quote:DING!
Sounds like a great time to raise interest rates.
Posted on 12/4/15 at 8:36 am to tigerbutt
quote:
Waiting to buy when it drops to $36.00
Waiting on it to hit $55-$60 a barrel. Not looking good till 2017.
Posted on 12/4/15 at 8:44 am to Hawgeye
quote:
This isn't what I wanted to see when I got online.
It's killing me. Hole problems delayed a rig from being released a few weeks. Market lost 20% during this time. They where ready to drill at $50. Not now.
Cost me 10k a month
Posted on 12/4/15 at 8:45 am to Voorhies7
Support is around $30 on a yearly level. If it closes below $30 on 12-31-15, it will retest support at $15.
Posted on 12/4/15 at 8:48 am to geauxengineering
quote:
around $30 on a yearly level. If it closes below $30 on 12-31-15, it will retest support at $15.
It's coming. I think 2017 we see $70 a barrel.
Posted on 12/4/15 at 8:50 am to el Gaucho
Low oil is a net gain for our economy as a whole.
Posted on 12/4/15 at 8:50 am to Voorhies7
We'll see what the House of Saud says at the OPEC meetings today.
Posted on 12/4/15 at 8:53 am to geauxengineering
Give me a macroeconomic summary of the current situation please
Demand is low
Supply is high
But supply has started to adjust, no?
Demand is low
Supply is high
But supply has started to adjust, no?
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