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What a $200/Barrel World Looks Like

Discussion in 'Sports and News' started by Lugnuts, Jun 1, 2008.

Page 2 of 11
  1. JoelHammond

    JoelHammond Member

    Ragu: You're obviously a smart dude, and I like reading what you write. ...

    But please, paragraphs! Compound sentences! :)
     
    JoelHammond, Jun 1, 2008
    #13
  2. hockeybeat

    hockeybeat Guest

    You're Ted Nugent, right?
     
    hockeybeat, Jun 1, 2008
    #14
  3. The Big Ragu

    The Big Ragu Moderator Staff Member

    Joel, Point taken. *laugh* In case, you are wondering, which I have a feeling you are, I don't write like that when I am not pounding things out on a message board. That is basically head right to fingers. It's how I would be talking... and I know it makes for tough-to-read stuff on a message board. I'll try to break things up more.
     
    The Big Ragu, Jun 1, 2008
    #15
  4. Inky_Wretch

    Inky_Wretch Well-Known Member

    Tred Barta.
     
    Inky_Wretch, Jun 1, 2008
    #16
  5. Boom_70

    Boom_70 Well-Known Member

    Good points lost in paragrahphs a mile long. You need to use the bullet point tool.
     
    Boom_70, Jun 1, 2008
    #17
  6. EmbassyRow

    EmbassyRow Active Member

    Ragu: Other than the very long paragraph, I actually understood that.

    I'm not very smart. It's not easy to get me to understand something like this. So, thank you.
     
    EmbassyRow, Jun 1, 2008
    #18
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    I prefer the bull it way.
     
    The Big Ragu, Jun 1, 2008
    #19
  8. Boom_70

    Boom_70 Well-Known Member

    The cynical voice in my head is telling me that Goldman is trying to manipulate the market so that they can sell the oil futures contracts they and their clients are now holding.

    They did the same thing in the sub prime melt down. They were a seller long before the bubble burst and left a lot of other investment banks holding the bag. Goldman is one of the few firms that made money this year.

    They are a bunch of sharp but ruthless people that I would not trust one bit for advise unless I was a big client. At its core Goldman is out to make money for it's partners. I would love to see if they are holding major short positions. in oil futures.
     
    Boom_70, Jun 1, 2008
    #20
  9. WazzuGrad00

    WazzuGrad00 Guest

    Bullitt points?
    [​IMG]
     
    Last edited by a moderator: Dec 15, 2014
    WazzuGrad00, Jun 1, 2008
    #21
  10. The Big Ragu

    The Big Ragu Moderator Staff Member

    The analyst's name is Arjun Murti. He made his name a few years ago by predicting a longer-term $105 a barrel when oil was at around $50. He was the first on a trend that became more and more discernible. The guy is just an analyst, not Lex Luther. And he may be the most press-shy guy you will ever meet. He isn't manipulating anything. He is making predictions based on economic factors. Plus, you can't manipulate markets by putting out research reports signaling a high price to every yahoo who sits around and watches Fox News all day. How exactly does Goldman make money on that?

    You have made assertions like that on various threads, Boom. For once, give me some specifics about how anyone can manipulate the oil market -- which means fooling the whole institutional investing world into not realizing what they are doing -- and how they can make money on their manipulation, which in this case means telling the world that you think the price of oil is going to get higher (something Murti has been right about since at least 2005, given that we blew right through $105 a barrel. His track record suggests, "analyst who knows what he is talking about, and making people money LEGALLY," not "guy artificially manipulating something and doing illegal things").
     
    The Big Ragu, Jun 1, 2008
    #22
  11. Boom_70

    Boom_70 Well-Known Member

    Boy are you naive in the ways of Wall Street. Every hear of a lowly analysts name Henry Blodgett?
     
    Boom_70, Jun 1, 2008
    #23
  12. Write-brained

    Write-brained Guest

    So can I just start buying it by the barrel?
     
    Write-brained, Jun 1, 2008
    #24
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