Amkeer is probably right (as usual)
Still, selective issues to make cool cash.
Still, selective issues to make cool cash.
I've been trying to get to my PC all morning....but I have the in-laws staying in the computer roomquote:
Originally posted by TheLoneRanger:
I pulled the trigger on some LU this morning. So far, I'm up about 60 bucks on the trade. I'm throwing my sandwich away and going out to lunch.
quote:
Originally posted by TheLoneRanger:
I heard an oil guy (can't remember his name) talking on CNBC today, and his comments were not positive. He said gas prices of $3/gal were on the horizon, and $5/gal was possible in a couple of years. He said that the main problem was lack of refining capacity; that the U.S. hasn't built any new refineries since back in the seventys. Add this to the rising price of crude, and it could very well choke off the economic recovery.
Z, looks like we both had our lunches eaten by LU today but don't give up on it. I bought it because of the chart pattern; the relative strength index and stochastic oscillator look positive (aTlong with some other indicators). I see a move in it up to the 3.70-3.80 range within the next few weeks......we'll see.....
Since the beginning of 2004 our 95 RON is $ 2.43/gal and 92 RON is $ 2.12 and we are still alive. In Russia the prices are relatively $ 1.60 and 1.45. Given the difference in personal incomes your gas is cheaper than mud. Though it was time (70th) when 1 l of 92 RON was cheaper than 1 l of limonade: 0.07 against 0.09.quote:
Originally posted by TheLoneRanger:
I heard an oil guy (can't remember his name) talking on CNBC today, and his comments were not positive. He said gas prices of $3/gal were on the horizon, and $5/gal was possible in a couple of years.