Good point

Oil and Natural Gas

I totally agree with you but I need to make one clarification, namely that the only reason why this move from 26 to 46 has killed traders is due to the misguided emphasis of media to all factors pointing to lower prices in oil. They continued ...

Oil and Natural Gas

And I never said that rig counts dont count. I just said that there are too many other factors to simply talk about supply and demand through rig counts as the forces behind moves in oil prices. Of course as price rises and some of the smaller oil ...

Oil and Natural Gas

great thanks. So by the end of 2016.

The Club!

I am with you although i didnt like the jump today.

The Club!

This is very interesting but what it the timeframe here? I didnt see any specific time which means that it could be longer term project.. And as they said this wont be the first time since in 2006 NYSE also had futures that got discontinued.

The Club!

I am not saying it cannot happen, I am just saying it would be very scary and I wouldnt like to start thinking of the reasons behind such a move...

Oil and Natural Gas

I have been too long in the market to simply believe in supply and demand. This is Economics of the 1920s. We dont trade in a free market. I am sorry to break it to you. Especially when we are talking about oil, this is a highly manipulated market ...

Oil and Natural Gas

Unfortunately I have to agree with you. I wanted to close temporarily my short today at 63.96 but we only printed 63.98 and I got greedy. I was a d..k for a tick. On a weekly basis the short looks great because it finally broke the strong support ...

The Club!

very good point. But the disgruntled employee said that they are all about conspiracy theories etc so it seems like that he just wants a piece of the glory.

The Club!

As far as I am concerned they can make as much money as they want as long as they give us credible information. The guy that came out and spoke publicly didnt do any damage. Who the f... cares who they are? Do they give interesting and credible ...

The Club!

As long as people expect oil to crush, oil will be climbing. For the past 3 months we have been hearing all sorts of "credible" explanations why oil cannot rise but at the end of the day the market will give you the facts and as usual we will be ...

Oil and Natural Gas

wow, I hope this scenario doesnt materialize...a drop from 45 to 20 in such a short period of time...and then back up. It will kill all the traders in the market

Oil and Natural Gas

and of course you are right correlation has nothing to do with causation

The Club!

totally agree with you, normally. But lately we have seen a sort of cheer when oil goes up stocks follow as if they are happy that oil is going up. Additionally it seems that weak dollar helps the stocks and oil so this is another source of ...

The Club!

quite interesting but how is it reconciled with the fact that I wouldnt sell oil in may? Do you think that they will start diverging?

The Club!

very interesting. My view as well

Oil and Natural Gas

dont fight the trend

Oil and Natural Gas

We have started seeing some rebalancing in USD, gaining against YEN and CHF, while lagging behind in commodity currencies.

The Club!

insane stuff

The Club!