HOT OILY SUMMER!
In early 1900 century VLADIMIR ILICH LENIN called for "PROLETARIAT OF THE WORLD TO UNITE" It may have been a good thing for a while.
in early 2000 central Bankers called "SOPITALISTS OF THE WORLD UNITE". It may have been a good thing for a while.
Unfortunately it now looks like full blown form of Money SLAVERY of majority by a small minority of HYPERRICH people.
Dear Readers, Shaul Mphaz, the minister of transportation and former army chief said "We must attack Iran if she continues the Nuclear program" And President Bush's office responded... "We will understand"...
Do you think this has something to do with:
1) with oil being at 138 ?
2) with somebody trying to blow this statement Out of Proportion, even if it is not stated for that purpose(: ?
3) is this the best way to reliquify WALL STREET? Watch the gains from trading for some of these companies
4) is this not a way for PUTIN/MEDVEDEV to screw world out of GAZOILLIONS, the IRAQI old loans from RUSSIA have been repayed handsomely, by high OIL prices, no wonder PUTIN is quiet for the time being.
5) is not EURO strong enough for intelligent EUROPEANS to be quiet as well?
6) is not this where most of my money and your money DEAR SENIOR went?
Strangely enough AMERICANS are hurt big time and they are also QUIET. It must be FASCISM is closer than anybody thinks.
Does someone think IRANIANS and SAUDIS are making TRILLIONS out of these statements and like every bit of "IT" on the account of you and me? I am not leaving Israeli/American motives untouched either(especially where Wall Streets , WELFARE STATE is concerned)
My suspicious inquisitive mind notwithstanding, There is something really bad coming to this world, regardless of these suspicions being valid or not. One of the most scary things I found in my days, is that FINANCIAL forecasts are made by people who can actually make those forecasts come true. I turst you know who I am talking about
4 comments:
Dear Boris,
Yes,I agree with you.
And even though oil is very high right now, one thing I am suspicious of is that oil will fall hard soon(even though a fall to 100.00 is still very profitable for big oil)
When oil falls,,Anti-dollar also will fall,,,dollar will rise,,SPX and Indices also rise.
Something else I suspect is this will happen around 3rd week of June,,,simply because Funds/banks want to book profits. When funds exit long positions(oil,gold, Euro, Swissie,ect) they will go short,,and be able to exit shorts by 4th week,,,end of quarter.
Granted,,,everything I say is speculation,,,based on nothing more than a hunch,,but we shall see.
Dear Tim,
I do not like to do the conspirazism, but , I ask the Reader to Remove all my feelings and see if they can come up with a better explanation of what is going on.
GOod Trading Dear Tim
Dear Boris and Tim:
While you mentioned possibly 20 days of choppy trading, you also once cited June 16th as another possible turn time, didn't you Boris?
Won't June 16th be the third week which would agree with your good insight Tim? And too, the week of June 16th follows the G8 Finance minister's meetings in Japan on Jun 13-14. Some things could happen after this meeting.
Therefore, i am wondering what your best projection right now might be for the next turn Boris. This one should logically take us back to a strong dollar and dollar indices, won't it?
Robert
Dear Robert, everything you said is a correct interpretation of whayt I try to "see" into future. Of course, seldom perfectly(:-
Now it is interesting you mention the G8 meeting around those dates
Now, I see a rebound of $ into 13+-1 then I see the decline in $ into 17+-1 and then rebound into 26+-1 and then a zig zag down into July 7+-2 ( harder to pinpoint here). That could do it for Dollars decline(flatline at best) but it could potecially do the bottoming over the next 4 weeks into July ( near AUGUST)(when the OIL may top and Stocks Market Bottom? hallelujah, do not take this all sriously at this time, it is all fuzzy).
Remember Memebers ANTIDOLLAR took turns making the tops in early MARCH/APRIL, same thing could happen in late JUNE/JULY...
All preliminary, of course...
GOod Trading
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