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The Swamp

Quoting gatorinla
{quote} So your saying OPEC is gonna cut oil to a world going to electric vehicles? Let them cut production. At the same time let them cut the social money they dish out to the peasants. That would be great. https://www.youtube.com/watch?v=BGLGzRXY5Bw
transition will take a lot of time.
Europe still very much against Nuclear. so 20 -30 years with trasition.

Also you need a lot of dirty energy to power up and switch to clean one.
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting DMA Trader
{quote} transition will take a lot of time. Europe still very much against Nuclear. so 20 -30 years with trasition. Also you need a lot of dirty energy to power up and switch to clean one.
Oil is up btw on the news. ... it's pretty dumb step to take.

why not take down exports in US ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting Steamroller
Since 6am this morning, people in Turkey are now 15% poorer. You have got to feel for them!!! I have also just seen it gap on the 5 mins. Not a pair to get involved in as there are desperate hands and low liquidity.
they are not poor. I honestly want to see how Erdogan will make it.
Turkish are wise people and have invested a lot of money in Europe.

While you (not you in particular) can critisize Erdogan he is very close to terminate his "enemies"
At 20% a lot of people will lend them money

Prince @MohamedBinZayed Abu Dhabi is there today. -

Coincidence ? I think not
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting DMA Trader
{quote} they are not poor. I honestly want to see how Erdogan will make it. Turkish are wise people and have invested a lot of money in Europe. While you (not you in particular) can critisize Erdogan he is very close to terminate his "enemies" At 20% a lot of people will lend them money Prince @MohamedBinZayed Abu Dhabi is there today. - Coincidence ? I think not
take other countries that have burrowed huge in USD -
look into countries like Romania on others that have big debt and mostly consumer nation

now i really want to see how will they repay money. so far is silent. cause everybody is with Covid.

Turkey may default or refinance. They or only Erdogan doesnt' want to dance on the same music as others

we will see, history is full of examples of countries that stand against this and did not succeed.

Maybe just Russia. I for one i am very curious.
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting DMA Trader
{quote} Oil is up btw on the news. ... it's pretty dumb step to take. why not take down exports in US ?
wti 78 from $75 from morning

and they did not even started to sell.

USA has the money, finance, and mostly energy independent.

Coordinated release of strategic reserves is dumbest thing ever. and you also want Europe to release ? pff

Anyway just my 2c

just close exports from US. or maybe there are huge reserves. USA is not producing more even if it can.
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting Connors
{quote} I don't think Turkey owns any nukes man, there are however a few US military bases in southern Turkey which have any kind of weapons you can think of. It is a shame that such a beautiful country is run by a bunch of idiots.
I'm about 99% sure they do. Or at least is was common knowledge. The U.S. placed some there decades ago.
those who can, do. those who cant, talk about those who can
Quoting DMA Trader
{quote} transition will take a lot of time. Europe still very much against Nuclear. so 20 -30 years with trasition. Also you need a lot of dirty energy to power up and switch to clean one.
All that dirty power comes from the sun. All u need to do is illuminate the middleman. We have been bullshitted for decades about this. The technology is here. Trucks/cars faster with more power are here. https://www.youtube.com/watch?v=Zxe352yOYyk
those who can, do. those who cant, talk about those who can
usd hitting some day r.
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those who can, do. those who cant, talk about those who can
Quoting Connors
{quote} I don't think Turkey owns any nukes man, there are however a few US military bases in southern Turkey which have any kind of weapons you can think of. It is a shame that such a beautiful country is run by a bunch of idiots.
The U.S. has been nervous about Turkey for a while.
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those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Its bearish, 1244 hit now. If it makes a close above 1277 now, 1311 is still not guaranteed. But odds would increase. Bulls may have picked up a peanut butter & jelly sandwich at 1244 {image}
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those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Closed up 1%.. I had the wrong tf setting. The 1% would be different with the right setting. {image}
Quoting gatorinla
{quote} Start Nov 22 2021. Equity 55,659.68. Drawdown expected to be higher. But tp will be a greater %. Its set to stress. Its set to fail. I dont know if IC markets will let it run. {image}
I got it set to "kick ass" mode. I will report sometime in Asian session. Good or Bad. The more conservative one has 7% yesterday. 12 % overall.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} All that dirty power comes from the sun. All u need to do is illuminate the middleman. We have been bullshitted for decades about this. The technology is here. Trucks/cars faster with more power are here. https://www.youtube.com/watch?v=Zxe352yOYyk
it's hard to mass produce. look at TSLA even if things look very good we are getting to 300.000 cars per Quarter
we need way more than this

can we produce 100M EV cars earlier than 2030 i think not.

and that's only cars
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting DMA Trader
{quote} it's hard to mass produce. look at TSLA even if things look very good we are getting to 300.000 cars per Quarter we need way more than this can we produce 100M EV cars earlier than 2030 i think not. and that's only cars
Why? The assembly line producing petro burners will just switch to electric. Problem solved. Korea Germany and Japan will do the same. The only thing stopping it here is the charging stations. Last week they signed a package for charging stations. Tesla is still a startup. Tesla has to build the plants. There is already infrastructure in the NorthWest. (Detroit area even the South U.S. makes cars now. etc) Some smart guy somewhere is figuring out a way to make cheap batteries. Hopefully eventually the government will bury the chargers in the road. So we can charge as we drive. We just get a bill on the CC. That would save commuter's time.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Why? The assembly line producing petro burners will just switch to electric. Problem solved. Korea Germany and Japan will do the same. The only thing stopping it here is the charging stations. Last week they signed a package for charging stations. Tesla is still a startup. Tesla has to build the plants. There is already infrastructure in the NorthWest. (Detroit area even the South U.S. makes cars now. etc) Some smart guy somewhere is figuring out a way to make cheap batteries. Hopefully eventually the government will bury the chargers in...
TSLA has 10 years, it got to the point of producing 300K card a quarter.
next place is way lower - TSLA has 2 giga factories - 2 more coming on from january
i just think it will take longer than expected.

Climate change - Zero has until 2050 for most of the countries. China 2060
still 30 years - 40 years to that level

Biden actually realise more than i have expected, and also talked about a coordinated move from Europe
Crude WTI did't blink. closed at highs of the Day

CAD revers all the losses - the move may continue into tomorrow who knows.

Btw Western Europe + USA seems very united on all fronts, from Russia - China issues to energy
Good to know

I would expect a coordinated move next year on Rate Hikes, keep that in mind they want to see this markets stable to up
and at this point people still expect US to do more.
Rule No.1: Never lose money. Rule No.2: Market is always right !
Following the announcement of the release of strategic petroleum stockpiles by the United States, the Japanese government will announce the release of national petroleum stockpiles on the 24th. Of the surplus that exceeds the required stockpile, about 4.2 million barrels, which is equivalent to one to two days of domestic demand, will be released as a guide. Bid for sale will be held by the end of the year. This is the first release of national stockpiles. Although it has shown a cooperative stance with each country at the request of the United States, its impact on crude oil prices is unknown.

https://www.nikkei.com/article/DGXZQ...21C21A1000000/
Rule No.1: Never lose money. Rule No.2: Market is always right !
Quoting DMA Trader
{quote} TSLA has 10 years, it got to the point of producing 300K card a quarter. next place is way lower - TSLA has 2 giga factories - 2 more coming on from january i just think it will take longer than expected. Climate change - Zero has until 2050 for most of the countries. China 2060 still 30 years - 40 years to that level Biden actually realise more than i have expected, and also talked about a coordinated move from Europe Crude WTI did't blink. closed at highs of the Day CAD revers all the losses - the move may continue into tomorrow who knows....
Tesla atm is not a pimple on the ass on Ford or Gm's production. Keep in mind Musk has a pocket full of coin. He could buy GM or Ford and make electric cars. You can ramp up and get 10 million pretty quick. Ford orders for the electric lightening truck exceeded expectations.

Here at home a refinery closed, The owner wants to make batteries there. Big oil gone electric. https://investor.phillips66.com/fina...X/default.aspx
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} {quote} I got it set to "kick ass" mode. I will report sometime in Asian session. Good or Bad. The more conservative one has 7% yesterday. 12 % overall.
Disappointed with "kick ass mode: only 1% today.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Disappointed with "kick ass mode: only 1% today.

Quoting gatorinla
{quote} up 12% since Nov 12. Some trades are still open, They can still be negative, {image}
This one didnt do to well today.. up 0.4, Both still have some open trades. So i guess the 1% was not so bad.. It doubled this one. The average will be what counts,
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Disappointed with "kick ass mode: only 1% today.
All trades closed now.. It did better later 2.6%. I didnt like the dog leg. That was from yesterday. Some closed too early.
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those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} All trades closed now.. It did better later 2.6%. I didnt like the dog leg. That was from yesterday. Some closed too early. {image}
This on looks better,, Only up 0.01 today.. But 12.7 since Nov 12.
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those who can, do. those who cant, talk about those who can
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